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Cryptocurrency market update: the bulls woke up

Published 04/02/2019, 11:07 PM
Updated 04/02/2019, 11:08 PM
© Reuters.
BTC/USD
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Cryptocurrency bulls are up and running. The market seems to have woken up from a prolonged sleep and set in motion as all top-20 assets including Bitcoin (BTC) has grown strongly in recent 24 hours. The total capitalization of all digital assets in circulation jumped to $173B from just over $147B this time on Tuesday. An average daily trading volume catapulted from $33B to $83B.

Whatever the reason for the stellar growth, the experts believe that it is a natural reaction for the market that has been locked in a tight range for months on end.

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