Bitcoin [BTC], Monero [XMR] and Tron [TRX] try to rise after massive dive into the bear’s pit

Earlier today, all the cryptocurrencies shined bright in the market after several days of bloodbath. This included all the top cryptocurrencies such as Bitcoin [BTC], Ethereum [ETH], XRP, Tron [TRX], Monero [XMR], and Litecoin [LTC]. Additionally, most of the coin rose by double-digits in the past 24 hours.

Nonetheless, the prices have depleted since then. Bitcoin [BTC], the biggest cryptocurrency by market cap, has gone back to trading below $4,000. The coin spiked to almost $4,120 on Coinbase before tumbling down again.

On Coinbase, at press time, Bitcoin was trading at $3,950 and at a premium price of $4,075 on Bitfinex. According to CoinMarketCap, the cryptocurrency has a market cap of $69.07 billion and a trading volume of $6.45 billion. The coin surged by 5.89% in the past 24 hours and is still painted red by 25.22% in the past seven days.

The highest trade volume for the coin was recorded on BitMEX, the biggest Bitcoin mercantile exchange in the US, wherein it is trading at $3,941.50 with BTC/USD pair. The second biggest exchange is Binance, the biggest cryptocurrency exchange in terms of trade volume, where the cryptocurrency is trading at $3,990 with BTC/ USDT pair.

A majority of the trading volume was pouring in from Bithumb, a top cryptocurrency exchange in Korea, with XMR/ KRW trading pairs. This is followed by Binance, with XMR/ BTC pair.

The trade volume was at its highest on Binance with TRX/ USDT trade pairs. The second-highest was recorded on BitForex with TRX/ USDT trade pairs.