Trapped in Market Correction? 3 Altcoins to Restore Your Portfolio Value

The cryptocurrency market experienced a significant bearish turn on the first of July, with Bitcoin plunging from $63,794 to a low of $53,500. This decline is largely due to substantial BTC liquidations by the defunct Mt Gox exchange and the U.S. and German governments. The selling pressure also affected altcoins, leading to an extended correction phase.