Over the last week, the cryptocurrency market has seen an unexpected fall in prices, thus leading to increased volatility amongst most digital currencies and derivatives trading.
Over the last week, the cryptocurrency market was mostly marked by stability in terms of coin prices, as the values recovered from a sudden price drop that occurred on the 13th of June.
Throughout the past week, the cryptocurrency market was mostly stable, with a value drop occurring on the 10th and 11th of June.
Bitcoin has finally managed to surpass the $10,000 threshold during a rapid bull run that led to a $500 value increase during a few hours.
A wave of volatility has gone through the cryptocurrency market this week, thus leading to an overall price dip, which was quickly followed by an abrupt increase in prices.
This week is theoretically being influenced by the recent bitcoin halving event, which has led to increased volatility on the cryptocurrency market.