It’s finally been a day of positivity within the cryptocurrency market. The total capitalization increased above $2.2 trillion on the back of multiple coins charting substantial recoveries from yesterday’s lows.
Bitcoin’s price seems stable, but it’s important to take this calmness with a grain of salt as the sentiment remains uncertain.After a tumultuous day of trading, the Bitcoin price has seemingly found some equilibrium at $57K, where it’s currently trading.As you can see in the chart above, the price went through a rollercoaster throughout the past 24 hours, soaring above $57K and dropping below $55K before finally pushing back above that level and stabilizing around it.
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