Time to buy the dip, or have the crypto markets got further to fall? Crypto at a glance It’s a sea of red this morning, as a tough week in the crypto markets continues to get tougher. More than $400 billion has now been wiped off the cryptocurrency market over the last seven days – almost 20 per cent of its total value. Is it time to buy the dip, or is there still further to fall before we can talk about a recovery? The Bitcoin price has extended its recent decline, falling to below $50,000 for the first time since March 8. The leading cryptocurrency is currently trading at just below $49,000 and looking for support. Will it find it here and recover back to the $50-60k range it’s been in for so long now?