| The bullishness of the markets had stopped, and the green of the recent weeks had turned red. However, despite the correction, the trading volume continues to rise in the longer term. The overall market trend is mixed, while some of the cryptocurrencies reached resistance areas. The market is currently in a fragile situation, and it's challenging to know whether this is an excellent opportunity to enter or if we are on the verge of another bear market. Binance Coin (BNB) continues to be affected by Binance based IEOs, and it seems that it is taking off some focus from Bitcoin. GBTC buys about 21 percent of the Bitcoin issued (mined) every month, which indicates the increasing demand from Wall Street. A 25-thousand-bitcoin transaction made between Coinbase's wallets shook the market and appeared to be the cause of the recent day's decline. Even though Bitcoin Cash SV (BSV) got delisted from several exchanges, including Binance, it seems that the pump continues and BSV's price doesn't stop its surge. This may be because of the ability to manipulate trading on smaller exchanges. On Bittrex, for instance, we've seen altcoins rising massively in terms of price. This had turned out to be a positive trend, especially at a time when most of the trading is conducted and affected by one exchange - Binance. Bitcoin network fees have risen significantly, which makes it questionable whether it's close to solving its scalability problems. After the rally in 2017 and after a year and a half of bear market, there was an expectation for finding solutions before the next wave, and now it seems that the most recognizable answer - the Lightning Network, is still in its infancy. | 
BTC: $7800
ETH: $245
XRP: $0.4
Crypto Weekly Market Update: Why Did Bitcoin Suddenly Drop Below $8,000?