2 metrics signal the $1T crypto market cap support likely won’t hold By Cointelegraph
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2 metrics signal the $1T crypto market cap support likely won’t holdCryptocurrencies broke the $1 trillion market capitalization resistance on Oct. 26, which had been holding strong for the previous 41 days. Despite Bitcoin’s (BTC) modest 5.5% weekly gains, the aggregate value of 20,000 listed tokens increased by 8.5% between Oct. 24 and 31.
The cryptocurrency market was positively impacted by a 6.3% weekly rally in the mid-capitalization stock market index. Some encouraging news accompanied the positive tailwinds from traditional markets.
Continue Reading on Coin Telegraph
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2 metrics signal the $1T crypto market cap support likely won’t holdCryptocurrencies broke the $1 trillion market capitalization resistance on Oct. 26, which had been holding strong for the previous 41 days. Despite Bitcoin’s (BTC) modest 5.5% weekly gains, the aggregate value of 20,000 listed tokens increased by 8.5% between Oct. 24 and 31.
The cryptocurrency market was positively impacted by a 6.3% weekly rally in the mid-capitalization stock market index. Some encouraging news accompanied the positive tailwinds from traditional markets.
Continue Reading on Coin Telegraph
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