Cryptocurrency Market Update: Christmas Selloff Has Slowed1.6

The Christmas crypto selloff did not last long and markets have already found support and begun to rise again. The bounce below $130 billion market capitalization lasted about a day and things have climbed back above those levels today, but only just.

Bitcoin has remained below $4,000 so the recovery has been with the altcoins. From an intraday low of $3,760 BTC has recovered back to around $3,840 but trade volume has dropped throughout the day indicating a slowing of momentum.

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