The Magazine for Asian Investors
Bitcoin continues to be in an uptrend, today (March 23) the Bitcoin price increased by 3.29% and moved at $42,504.0.
Bitcoin’s positive movement came after U.S. stock markets closed positive yesterday. The Dow Jones Industrial Average closed up 254 points on Tuesday (March 22).
- The Dow Jones Industrial Average rose 254.47 points, or 0.74%, to close at 34,807.46.
- The S&P 500 rose 50.43 points, or 1.13%, to close at 4,511.61 points.
- The NASDAQ rose 270.36 points, or 1.95%, to close at 14,108.82.
It looks like the crypto market will return to the green this week after the market stagnated since the beginning of the year. Recently, the market volume of traded cryptocurrencies has exceeded $100 billion. Because of this, the market capitalization and many crypto assets have seen a significant increase in value after a recent crypto market capitalization of $2.02 trillion.
Trading volume has increased by $105 billion in the last 24 hours, with Bitcoin having the largest market share at 40.3% and Ethereum at 17.9%.
Last week was a positive moment for the crypto market. The sentiment rose with increasing activities in various crypto projects, causing the ETH price to surpass the $3000 mark once again. After the launch of the Klinet Testnet network, the price of the coin immediately jumped by almost 15%.
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Wednesday, March 23, 2022