Cryptocurrency Price Today: The crypto market has been rallying over the past four days amid hopeful signs that inflation will soon be under control without triggering a steep recession. The cryptocurrency market on Tuesday, August 9, continued its upward trajectory. Bitcoin briefly topped the $24,000 mark, supporting the notion that investors have a risk appetite for the riskier asset class. The global crypto market capitalisation went up by 1.77 per cent to $1.12 trillion as of 8.50 am. The global crypto volume was up by 71.22 per cent to $70.6 billion, according to Coinmarketcap data.
Charles Tan, CMO, Atato, said: “The overall crypto market cap increased by 2 per cent reaching $1.13 trillion. The crypto market volume surged correspondingly which clearly shows an inflow of funds that may be attributed to retail and institutional investors gaining confidence. Based on the past 2 months data, the crypto market seems to have found some form of support at current levels. After the...
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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...