Cryptocurrencies are off to a green start this week as total market capitalisation of all currencies rose above the $400 Billion mark – according to data tracked by CoinMarketCap. The market recovered from a huge plunge from about $270 billion just a couple of days ago.
Following impending crypto ban across the world and in the US especially. Following the Senate hearings on proposed cryptocurrency legislation, investors seem to be once again bullish about the market and we hope the bull sways for a long time.
In individual cryptocurrency markets, some of the major coins are beginning to see a slow rise in prices. Are traders really back into crypto? Time will tell.