Just when the cryptocurrency market recovered from its 2018 lows and reached a 2019 high [today], everything turned upside down. Everything from Bitcoin to all other cryptocurrencies crashed by a big margin in the past one hour.
Bitcoin, although, witnessed only a 6.3% crash in the past hour, EOS, Litecoin, Ethereum and Bitcoin Cash have lost value in double digits. More so, EOS, after experiencing a 30% hike in the past week, saw a massive crash today.
Bitcoin, at press time, was trading at $3876 recovering after hitting a low at $3853 [BTCUSD:BITFINEX]. Bitcoin plunged from trading at $4200 to the low price of $3800 in just under an hour. Heavy trading volumes from Bitmex, was reported by CoinMarketCap.