Crypto markets have maintained their momentum as another week draws to a close. There has been a minor pullback for some of the major tokens but others are doing well today. Total market capitalization has remained above $170 billion as Bitcoin holds steady at $5,000.
Bitcoin fell back to $4,840 a few hours ago but has managed to recover during today’s Asian trading session to reach $5,000 once again. Momentum may by cooling off however as daily volume has fallen back to $17 billion – which is still pretty high compared to the past six months. BTC is likely to consolidate here for a while.