Crypto Market: The Storm is Over, the Sun is Out

After the turbulent days that put the crypto market under pressure, it seems the storm is over and the sun is shining again. The prices have recovered significantly and are showing a positive trend.

The Bitcoin price has risen by four percent compared to the previous day, reaching 56,500 US dollars. Ethereum is also up by four percent and has broken through the 3,000 barrier. Solana is the top performer among the top 10 cryptocurrencies, with a nine percent increase to 137 US dollars.

The total market capitalization has gained five percentage points in the daily comparison. Investors seem to have seen attractive entry points, as an analysis by Farside Monitoring found. The largest net inflow into the Bitcoin Spot ETF market since a month ago was 143.1 million US dollars, led by the Fidelity Bitcoin ETF (FBTC) with inflows of 117 million US dollars.

In our current recap podcast from BTC-ECHO, we explore the question of how the market crash occurred. Here's the link to the podcast.

For more Crypto and Finance content check out our Blog: https://finixyta.com/hidden-wealth-of-africa-how-blockchain-and-ai-could-revolutionize-the-fight-against-capital-flight/