Real Vision CEO Raoul Pal in a tweet Monday highlighting the recent gains in the crypto market, revealed his belief that the crypto market has formed a bottom.
“Is the low in? My view is on balance, probably,” Pal tweeted, sharing his opinion on the raging debate. “NFT’s are rising in ETH volumes and floor prices are rising too for good, trusted projects. Bottoms in crypto are not usually a straight line higher and there is often a big gut check at some point or sideways range for a few months after an initial recovery. Let’s see.”
It is worth noting that the crypto markets showed significant strength this week. The entire crypto market has grown by 6%, pushing past the $1 trillion mark. Notably, Ethereum has managed to sustain its surge on Sunday and is currently sitting above the $1400 price point, up 11% in the last 24 hours and 30.72% in the last seven days.
Bitcoin as well has reclaimed the $22k price point. It is up 4.95% in the last 24 hours and 8.49% in the last seven days....
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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...