Cryptocurrency News
Total crypto market cap reclaims $1 trillion as Bitcoin, Ethereum and altcoins breakout
2022.07.19 07:41
Total crypto market cap reclaims $1 trillion as Bitcoin, Ethereum and altcoins breakout
Crypto traders found cause for celebration on July 18 as the total market capitalization climbed back above the $1 trillion mark following weeks of widespread selling after Bitcoin (BTC) price swept yearly lows below $18,000.
The green day for cryptocurrencies largely tracks a positive day in the traditional markets, which are up modestly despite analyst estimates that the Federal Reserve intends to raise interest rates by at least 75 basis points at the Federal Open Market Committee meeting on July 27.
