Bitcoin hits 3 months high - Global crypto market cap crosses $2 trillion mark

Raj Karkara, COO, ZebPay: "Bitcoin hitting its 3-month high, signals an expected and much awaited market recovery. With a number of countries indicating plans for positive regulation around crypto, investor sentiment seems to be surging, resulting in some of the highest 24 hour trading volumes we've seen in the last quarter. Many experts consider this to be the beginning of a strong bull market, however, time will tell to what extent they are right."

Shivam Thakral, CEO of BuyUcoin, said: As we speak, global crypto market cap has crossed $2 trillion mark and crypto trading volume is up by around 49%, this is a good sign for crypto market recovery and indicates towards considerable amount of fund inflows into the crypto economy. We have witnessed some concrete positive developments around crypto especially UK hinting towards bringing crypto regulation for blockchain based stablecoins and several other countries fast tracking their crypto regulations which has created positive sentiments in the global crypto markets.

Source : Equity Bulls

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Bitcoin CryptoCurrency BuyUcoin ZebPay