Total Crypto Market Cap Tops $1 Trillion

market capitalization has managed to reclaim the $1 trillion mark after major cryptocurrencies recorded significant gains on Tuesday, according to CoinGecko data.

Bitcoin , the leading cryptocurrency, climbed to $20,469, the highest level since Sept. 13, on the Bitstamp exchange. Major altcoins, such as Ethereum and XRP, are also in the green. It is worth noting that cryptocurrencies continue to trade in lockstep with US equities. The Dow managed to rally by more than 1,500 points in just two days. The S&P 500 index has spiked by 5.7% for the week, recordings its best two-day gains since 2020. Mark Haefele, chief investment officer at UBS Global Wealth Management, warned that markets were likely to remain volatile, which means that bulls shouldn’t read too much into that recovery.

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Crypto in Green as Foreign Pressure on Fed to Stop Rate Hikes Mounts (Market Watch)The crypto markets seem to be agreeing with the UN's recommendation to the US Fed.
مصدر: Crypto_Potato - 🏆 568. / 51 اقرأ أكثر »

M31 Capital launches $100M Web3 investment fund with $50M in commitments so farMore funds for Web3! Investment firm M31 Capital launched a $100M fund to focus on decentralized internet projects. (Reporting via forgeforth_) Wow, that’s what exactly we are building 😂
مصدر: Cointelegraph - 🏆 562. / 51 اقرأ أكثر »