The crypto market is back in the green on the first day of the week after last week’s volatility. The volatility was due to the uncertainty after the Fed meeting about the interest rate policy.
However, most crypto stocks were able to recover quickly, adding nearly $200 billion in value on Monday.
As a result, the total crypto market capitalization increased to $2.9 trillion. This represents an increase in value of about 3% in the last 24 hours.
Investors were able to take advantage of Bitcoin’s price correction last week. According to previous forecasts that analysts had predicted, the bitcoin price tends to fall slightly below the $60,000 mark before returning to a larger uptrend and moving towards the $90,000 mark.
Bitcoin is currently trading at $67,550, up 5% over the past 24 hours.
