$12 Billion Crypto Market Pump Already Receding

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FOMO MomentsMarkets had a little spurt; Stellar, VeChain, Lisk and Nano benefiting.Crypto markets experienced a short spurt of energy a few hours ago when a seemingly manipulated pump added over $12 billion to total capitalization. They have already began to fall back however indicated that the bears are still in full control of things and the momentum was short lived.Bitcoin spiked to a peak of $6,800 eight hours ago when the BitMEX exchanged had a temporary outage causing anomalous trade volumes. The jump marks a 3.6% climb on the day as BTC has now pulled back to $6,690. Ethereum got a small boost from the event but nothing significant enough to alter its price which remains at $285 on the day.Altcoins are largely in the green at the moment following yesterday’s decline. Their price action is also likely to be temporary as things fall back into bearish territory. Getting the