A sell-off in the crypto market that started on Monday this week intensified overnight, with bitcoin (BTC) dipping as low as 55,600 before a slight recovery started during early European trading hours. At 11:20 UTC, bitcoin traded at USD 56,777, down 5.8% for the past 24 hours and down 12.6% for the past 7 days.... Read More: BTC, ETH Find Support After Sell-Off, Long-Term Technicals Remain Strong