- The market capitalization of cryptocurrency has increased by more than 6%.
- LUNA, MONERO, and NEAR have risen by more than 15%.
- Bitcoin is now worth more than $41,000.
The majority of cryptocurrencies on the market are now flying green flags. The whole market capitalization of the crypto sector has increased by more than 6% in the last 24 hours. Furthermore, digital assets like LUNA, MONERO, and NEAR are some of the cryptos that have contributed significantly to this market upswing. As a result, these cryptocurrencies have grown by over 15% in the previous 24 hours, a pattern that global investors like.
Cameron Winklevoss, the co-founder of bitcoin exchange Gemini, reacted on Twitter:
The tweet has been retweeted over a hundred times and has a growing number of likes.
Meanwhile, analysts believe that the US Treasury Secretary’s speech is one of the reasons why most cryptos are in a positive trend. The king of crypto assets, Bitcoin has increased its growth rate to over 8% in the last 24 hours. Consequently, traders and investors expect Bitcoin to achieve new highs shortly.
On the other hand, the world continues to monitor the ongoing conflict between Russia and Ukraine. The crypto market continues to thrive and keep its place as the global economy rattles and falls. As a result, crypto investors and traders should expect even more exciting developments in the days ahead.