Cryptocurrencies recovered by 16% in one week

The cryptocurrency market is now in the black after recovering by more than $ 130 billion over the past week. Interestingly, the increase in the cost of cryptocurrency capitalization occurred at a time when there are mass fears that the industry is in the midst of a cryptocurrency winter.

Despite this, the total capitalization of the global cryptocurrency market increased by more than 3.3% over the past day. The overall growth for the week was 15.99%, according to CoinMarketCap.

The value of the flagship cryptocurrency bitcoin also increased with all other assets. Bitcoin (BTC) is currently trading at more than $ 21,000, which is 2.29% more than a day ago and 10.27% more than the previous week.

It will be recalled that the reduction of the price of PTS is actively used by “whales” – the world’s richest owner of bitcoin bought 2554 PTS last month.

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