Following the bullish surge of the last two days, the cryptocurrency market went through a phase of bearish connection. Currently, it is hard to predict how long the correction will last, but it looks like the bulls have fought back and stalled any further downward momentum. As earlier reported by FX Street:
“While crypto enthusiasts believe that the worst is over and the market is on the verge of a new bull run, some experts warn that the rally any be temporary if institutional investors and consumers do not support it.”