The cryptocurrency market is not going on very good. We think that if you are following the market on a daily basis then you know how much the value of the market had gone down in the recent months. It seems like it is slipping down and down with no more chance of getting back up. The cryptocurrency investors have their head in their hands thinking about how to get out of this god damn situation. Well we are sure that you will be happy to know that today we have seen a slight recovery in the market.
The global cryptocurrency market capitalization had been down but today at the beginning of the day we heard good news as the market went up by 1.13 percent over the last 24 hours to 1.63 trillion dollars.
We can also not forget about the decentralized finance (DeFi) which seems to have been accounted for 14.72 percent. Bitcoin’s market dominance had also gone up as per the reports have suggested. It had surged from 0.04 percent to 41.26 percent and currently it is trading at 35,596.12 dollars right now. Well isn’t that some good news? We sure think so. We bet many investors will agree with us on the sentiment .
The United States are also going to tighten the regulations and they will be passing a statement that will make us understand what they are going to do about the Bitcoin policies. They need to be careful while handling the Bitcoin and the other cryptocurrency of course because we know how it goes in the market. All things aside we need to keep track of Where the market or rather the cryptocurrency market is going to in the recent future. We will surely be tracking it and we will also be keeping you updated on the news. That’s all for now. Make sure you keep your eyes on the news. Take care!