There is a strong similarity between crypto and traditional markets in price movement on May 10. This was due to traders enjoying a relief bounce across assets classes after the May 9 rout that saw (BTCHowever, the price dropped to $29 730 briefly.

Altcoin market downturns usually result in heavier losses due to various factors including low liquidity and thin assets. However, this can also translate into bigger bounces after a recovery occurs.