



The cryptocurrency markets have been thrown quite deeply into a day of losses as some of the top coins are down as much as seven and eight percent. However, despite this bad news, there is some positivity to be found as it seems that Bitcoin is looking to hold the key resistance mark of $5,000.

Even through the dip in the price of the market, Bitcoin has managed to level out just above $5,000, but this comes after it reaches highs of $5,200 before falling. However, the next move of the market will be determined by whether the major cryptocurrency can hold onto the $5,000 mark.