Market Update: Crypto Prices Hold Steady After Massive Bullish Spike

Digital currency markets are coasting along after an enormous move on Friday of more than 20-40%. The entire cryptoconomy is hovering around $249 billion as it gained a whopping $30 billion very quickly this week. Crypto prices corrected a touch since the spike, but are still well above the lows seen just a few days ago.

Also read: FATF Starts Checking How Well Countries Implement Crypto Standards

Digital Currency Market Prices Hold New Foundations

Over the last three days, digital currency prices have seen the biggest price jumps in over a month and cryptocurrency enthusiasts are far more optimistic toward the future. For instance, on Friday, October 25 the price of BTC increased from a low of $7,300 to a high of $10,295 during the afternoon trading sessions. Bitcoin cash (BCH) saw prices lift from $215 to a high of $277 per coin. Since then, prices retraced a hair southbound losing some value, but crypto prices are much higher than they were during last…