Crypto Market Wrap: Is a Red Monday About to Intensify?6.8

The weekend has seen gains on crypto markets as another correction gets quashed. Friday’s big $25 billion dump did not extend into the weekend and things started to recover pretty quickly. Total market capitalization climbed above $270 billion again and the longer term uptrend is still going strong.

Bitcoin reached an intraday high late Sunday when it made it just above $8,800. Since then BTC retreated to $8,700 where it has spent most of the past day. A fall back to $8,600 has left it level on the day as the prospects of further losses mount.

Original source
https://www.newsbtc.com/2019/06/03/crypto-market-wrap-is-a-red-monday-about-to-intensify/

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