After plummetting over 30%, Bitcoin recovers slightly
Image Credit: Shortpedia
Elon Musk and other whales continued to manipulate the cryptocurrency market as Bitcoin plunged to as low as $31,926. However, the leading digital currency retraced from the 31,000 support level to $38,018.85 in the past 24 hours. While Bitcoin managed to reach the $40,000-level, it failed to go beyond it. Most of the alts were in the red zone. Hundreds of futures traders were liquidated in the past 24 hours.