Kryptoin Up 8.12% as Cryptocurrency Marketcap Has Morning Bounce The Kryptoin Index is up 8.12% as the Cryptocurrency Marketcap has a good morning bounce of about 7.5%.
Here are today’s 9:30AM EST Kryptoin and Coinmarketcap snapshots:


Breakdown Over? Bitcoin Indicators Suggest Price Outlook Is Improving
Bitcoin looks to have fought off a recent bear market breakdown that saw prices landing just above the yearly low of $5,755.
Bitcoin dropped to $5,858 yesterday at 02:00 UTC, just $103 shy of this year’s bottom, according to Bitfinex data.
The suffering has been even worse for much of the altcoin market, some of which have been bleeding out to new yearly lows and seeing drops between 2–15 percent.
Major cryptocurrencies such as ether and XRP dropped by 2.95 and 9.6 percent respectively, before the world’s largest cryptocurrency by market capitalization took an about-turn, stabilizing prices and reversing some of the damage from yesterday’s chaos.
At time of writing, bitcoin is up 5.16 percent over a 24-hour period, according to CoinMarketCap, and is changing hands at $6,375.
Read more.
Sinclair, S. (2018). Breakdown Over? Bitcoin Indicators Suggest Price Outlook Is Improving – CoinDesk. [online] CoinDesk. Available at: https://www.coindesk.com/breakdown-over-bitcoin-indicators-suggest-price-outlook-is-improving/ [Accessed 15 Aug. 2018].
 
  https://blog.kryptoin.com/2018/08/15/kryptoin-up-8-12-as-cryptocurrency-marketcap-has-morning-bounce/