Cryptocurrency Still On The Path To Resurgence
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As I begin to dig deep and with my little knowledge in Cryptocurrency which I discovered to be the most traded and valuable assets However, for the past weeks was on the downtrend and was being traded below the mark of $40k. But over the past week it has gained increase by over 9%.(as at the time or writing) Well it’s not new for the increase it’s expected for the big bull to pull back up.
In the month of January, investors had to struggle between the price of $34k and $39k for trading and investing which was not comfortable for most of them and also caused fear and panic for some average investors and traders because they ATH for Bitcoin has been above the $60k mark, so trading below that was something else.
According to coinmarketcap.com, the current price of the big bull (Bitcoin) sits at $41,603, passing the initial mark of $40k. It started with early this week and the current marketcap is $788 billion.
Ethereum too isn’t left out in the resurgence. Ethereum which has also followed the downtrend has also started gaining back its prominence state. It’s current price sits at $3,023 (as at time of writing) and with an increase of 17.09% within the last 7 days and 0.81% within the last 24 hrs. It’s current marketcap is at $361 billion (All as at time of writing).
Thank you for reading through
See you on my next post
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This is informative Asher. I’m starting to do more about my knowledge of crypto as well. I’ve been in the dark for far too long. Keep your knowledge coming babe. Thank you.
Yes o... crypto is the big deal now o and am just beginning to understand it. Thanks for your comments girl 🤗
The crypto market dipped and became a bit of a Bear, as long as investors did not sell they did not lose. I knew the market would recover and should gain a new price high. This is not financial advice just my guess.