Cryptocurrency Market Update: Bitcoin breaks $8500 as bulls return in large numbers

Cryptocurrency Market Update: Bitcoin breaks $8,500 as bulls return in large numbers

Cryptocurrencies return to the bullish side following three days of continued losses. Bitcoin sits above $8,500 but a reversal back to $8,400 is imminent. The bulls returned from their hibernation with a bang. The entire market corrected significantly upwards adding $9 billion to market capitalization.