Crypto Market Stabilizes After $290 Billion Weekend Selloff

The cryptocurrency market found its footing after experiencing a tumultuous weekend that saw a significant selloff, resulting in a staggering loss of almost $290 billion in total market capitalization. This sharp decline was characterized by low trading volumes, which contributed to the volatility.

Despite the downturn, Bitcoin managed to stabilize as traders assessed the impacts of the market fluctuations. Investors are now closely monitoring the situation to gauge potential recovery trends in the coming days.