The current outlook of the digital currency market ecosystem is considered a promising one for investors, who have been repositioning their mindsets for a long ‘crypto winter’ ahead.
For the first time in a few weeks, the combined crypto market capitalization temporarily climbed above the $1 trillion level over the past weekend, a sign that implies a massive recovery may be underway.
While investors may be very happy with this trend, a major question then surfaces: Does this recovery imply a return to the bullish green days?
A Yes and a No Answer
There are different kinds of investors in the crypto ecosystem nowadays; these classification includes those who are in it for a quick profit and those in it for the long term.
In answering whether the 5.56% weekly growth in the price of Bitcoin to $21,248.76 implies a recovery, those in the ecosystem for the short term will largely say Yes, as this aligns with the sentiment and desires a lot. The opposite holds through for those in the...
Your content is great. However, if any of the content contained herein violates any rights of yours, including those of copyright, please contact us immediately by e-mail at media[@]kissrpr.com.
INN caught up with cryptocurrency investment expert Dan Hoover to review the current landscape and where the market may be heading. The cryptocurrency investment marketplace has gone through severa...