Most altcoins are also attempting a recovery and have managed to bounce back from recent lows.
Same with TON, DOGE, and PEPE.
Shiba Inu (SHIB) — the popular dog-themed meme coin — has managed to recover a staggering 15% gain.
Large cryptocurrencies such as Ethereum, Binance Coin, Solana, Bitcoin Cash, MATIC, etc. have seen gains between 4.5% and 10%.
All in all, the market is clearly taking a breather, but it will be interesting to see if this condition will continue throughout the week or if another wave of selling will follow.
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It is worth pointing out that many experts call the recent correction normal and remind that 30% drops have been too frequent in past bull runs.
