Midway through this week's trading, the cryptocurrency market is experiencing an extreme bearish wave. After another rejection at $0.65, the Ripple price has returned to the red. Bitcoin has taken the lead in the correction, cutting the margin to $30,000, while Ether has looked into the $1,800 range. The price of Dogecoin continues to fall below a long-term declining trend line. Holding above $0.2 gave investors a glimmer of hope that market stability would lead to a recovery.