Cryptocurrency market capitalization exceeded $200 billion

by in Cryptocurrency News

Crypto

Bitcoin and other major digital currencies moved to growth at the end of this week. Over the past 24 hours, coins have added 6-12% in value.

At the time of publication of this review, BTC grew to $7090, the capitalization of the largest cryptocurrency is now just over $129.9 billion. The largest altcoin (ETH) is holding at $171, the best results from the TOP 10 cryptocurrencies were shown by Tezos, which jumped to $2.13.

The cost of all digital assets now exceeds $ 203 billion. Market recovery began in the middle of this week.

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Many analysts attribute the strengthening of Bitcoin and other coins to the improvement in the US stock market. Today's breakthrough came after it became known about Facebook’s intention to strengthen the centralization of its Libra crypto project under pressure from regulators.

The crypto community has reacted violently to this information. Many Bitcoin proponents, such as Mati Greenspan, are convinced that the Libra project is failing, and this is a very good signal for BTC.

EToro CEO Yoni Assiya emphasized that even if the Libra token is launched, most crypto sphere supporters will ignore this asset, which will be controlled by central banks.