Bitcoin prices encountered some notable volatility after hitting an all-time high in the previous session.
The price of bitcoin has surged overnight, climbing to within $30 of its 2013 record high.
Zcash prices consistently traded below $30 during the 22nd February session, a first for the cryptocurrency.
Bitcoin prices have been above $1,000 for more than a week, granting evidence that the currency has been building support at this level.
Bitcoin continued to inch closer to annual highs set in early 2017 today, topping $1,100 for the first time since 5th January.
Altcoins enjoyed a notable rally earlier in the week, but now that run appears to be over.
Are bitcoin prices forming a new support floor as we speak? Only time will tell. Between then and now, we can review the input of market experts.
Cryptocurrency traders have been flocking to altcoins as of late, seeking to benefit from their volatility as bitcoin prices remain stagnant.
Ether prices surged on 14th February, pushing higher amid a strong pickup in trading volume and a leveraged market.