Bitcoin Tests $3,900 Support Level While Crypto Markets Rebounds To $130 Billion

As of today, the crypto markets show a small but healthy wave of green with more than 20 cryptocurrencies starting their recovery after yesterday’s sell-off according to the data that we are providing you within our altcoin news today.

For example, Litecoin (LTC), now the fourth crypto by market cap, increased by almost 12 percent over the day and gained about 13 over the past seven days.

Binance Coin (BNB), the native coin to the largest crypto exchange Binance also increased up to 20 percent. This coin is particularly reaching huge growths over the past week up to 40 percent at press time.

Bitcoin climbed back to its $3,800 support and is currently trading at $3,891 up by more than 4 percent over the past day at press time. The number one cryptocurrency managed to recover after the last week’s losses increasing up to 0.4 percent over the past seven days. By doing so, Bitcoin’s dominance on the market dropped slightly again.

Ethereum (ETH), is up by nearly 7 percent and is trading at 8 at press time.
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However, the second altcoin is still down by 1.7 percent over the past week.

Ripple increased by 3 percent and is trading at $0.31 increasing up to 3.90 percent at press time. Following the major losses over the past week, Ripple is still down by 2 percent.

Most of the top 20 cryptocurrencies by market cap are still in the red when comparing the weekly terms but EOS is up by three percent whereas Bitcoin SV is seeing losses by 8 percent. The total market cap is up to $130 billion from the recent low of $125 billion and the trading volumes per day also increased up to $30 billion.