For the first time in about a month, the combined crypto market capitalisation climbed back up above the $1 trillion benchmark.
There has been a massive upsurge sweeping through the cryptocurrency ecosystem since the start of the week as retail investors are capitalising on a predominant bullish sentiment in the industry.
The general crypto market cap was pegged at $1,065,628,469,022.754 at the time of writing as fueled by the massive growth in the price of Bitcoin (BTC), and Ethereum (ETH), respectively. While Bitcoin was up over 6% to $23,385, over the past 24 hours, Ethereum has printed as much as $1,561 in price, up over 3% within the same time frame.
Market bulls, particularly those holding onto their bags, will feel somewhat relieved with this trend as it signifies that the digital currency ecosystem can receive a rejuvenation even without any notable fundamental driving the bullish sentiments.
With Bitcoin growing to its highest point in a month after slumping as low as its...
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