Bitcoin Price Rebounds to $9,200 After 10% Decline
The bitcoin price has bounced back to $9,200 after experiencing a 10 percent decline on April 26th, from $9,700 to $8,800. The sharp decline in the price of bitcoin was said to be triggered by the sale of the Mt. Gox trustee funds.
Tokens including ICON (ICX), Decentraland (MANA), WanChain (WAN), EOS, OmiseGo (OMG), Kyber Network (KNC) and others have performed strong against both bitcoin and the US dollar.
Although the majority of tokens recorded some losses amidst bitcoin’s fall from $9,700 to $8,800, most tokens have demonstrated an increase in value in the range of 5 to 10 percent over the past 24 hours.