A Look at the Recent Price Movements in the Crypto Market

The crypto market had a rocky time this week that saw most top crypto assets shed significant gains. For instance, BTC briefly plunged to a low of $28,600 on Tuesday, erasing almost all the gains it has accumulated this year. However, at its current price of $31,200, bitcoin is still up approximately 14% from this year's low of $27,730. Ethereum is facing strong resistance near $1,850 and has struggled all week to clear that level. On Friday, the world's second-largest…