People who like to invest in crypto currency when the prices fall have returned after they found that it has grumbled support and has gone to a record low lesser than $ 10000 in a single night. But as the night passed the same bitcoin again regained value in the trade of Asian markets by bouncing to a value of more than 20% over its lowest point which it touched in night.

This upper lighting of the prices in the Bitcoin have trickled down to other crypto currencies too; after it was observed that the meltdown in the market of crypto currencies is observed in all the major altcoins. The passing 48 hours have seen major falls in the market; left, right, and center. This phenomenon could be attributed to a great many factors. It may be due to an ongoing crackdown on crypto currencies in South Korea and China resulting in trading volumes which are significantly lower than the previous times. Another factor which contributed to the low trading volume is a long overdrawn correction in the market which was pending. The ongoing panic finally has subsided which resulted in the variation in the prices of Bitcoin across the various crypto currency exchanges over the world. However, after the passage of the current turmoil finally the prices have settled on being a comfortable level of more than $ 11,000 in the crypto currency exchange known as bitfinex in the United States of America.

If we compare different altcoins across the board we would find that the Ripple has gained a maximum of a 3rd part of its part that is 30 per cent in a single day. A day before, the price of Ripple was $ 1.43 and now it is comfortably sitting above the price of $ 2.0; therefore, neutralizing the losses it has felt in the previous session.

As per the aggregated data received from various crypto currency exchanges around the world almost all the altcoins have upgraded their values in the range of 5 per cent to 20 per cent in their trade happening in the continent of Asia. Even those crypto currencies which have come up to parody Bitcoin such as DogeCoin; too, have climbed up by a whopping amount of 30 %. The most significant up was received in DentaCoin which is a crypto currency specially manufactured to be used in the industry of dental health which has become double of its original value within the passage of less than 12 hours!