Yesterday, there was a significant rally in bitcoin above USD 8,500 and USD 9,000. BTC/USD surged around 20% and tested the USD 9,500 zone before starting a downside correction. It declined below USD 9,000 and currently (08:30 UTC) consolidating above USD 8,550 (the previous key resistance).
Similarly, there was a downside correction in most major altcoins, including ethereum, XRP, litecoin,