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Crypto market rebounds despite Mt Gox drama; Bitcoin holds above $68k mark

Crypto market rebounds despite Mt Gox drama; Bitcoin holds above $68k mark
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Cryptocurrency Price on May 8: Bitcoin slips below $62,500; Solana, Dogecoin fall decline over 4%

Cryptocurrency Price on May 8: Bitcoin slips below $62,500; Solana, Dogecoin fall decline over 4%
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Cryptocurrency Price on March 28: Bitcoin falls below $70,000; Ethereum, Avalanche decline up to 4%

At 10.55 a.m., Bitcoin was trading 1.13% lower at $69,609, while Ethereum was down 2.4% at $3,513. At the same time, other altcoins such as Solana, XRP, Cardano, Shiba Inu and Avalanche, fell 2-4%. On the other hand, BNB (1.5%), Dogecoin (7.2%), and Bitcoin Cash (8.4%) surged.

Crypto Price Today: Bitcoin trades near $40,000; Solana, Tron rise up to 3%

The global cryptocurrency m-cap advanced 0.11% to around $1.55 trillion in the last 24 hours. However, the total trading volume declined over 30% to $50.79 billion. BTC has started consolidating in a very narrow range of $39.5k to $40.5k following the recent dump below $40k.

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