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- Getting a Handle on Virtual Currencies - FINRA
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Cryptos Enjoy 24-Hour Rebound, Then Relinquish Some Gains in 25th Hour
Many of the largest cryptocurrencies rebounded sharply over the past 24 hours – beginning at 4 p.m. (ET) on Tuesday – offsetting previous days’ humongous losses. Yet, in keeping with their volatile nature, these alt-currencies pulled back sharply in the span of one hour – from 4 p.m. to 5 p.m. on Wednesday.
Just another indication of the ‘new age adage’: what goes up will come down, and vice versa.
Here’s the 5:20 p.m. chart for the cryptocurrencies with market caps of $1 billion or more - from CoinMarketCap.com.
