Crypto Market Adds $5 Billion as Bitcoin Price Surpasses $3,700

Over the last 24 hours, the crypto market has rebounded slightly by $5 billion, from $120 billion to $125 billion following a promising breakout of the Bitcoin price above $3,700.

The unforeseen strong movement of Bitcoin could lead to the short-term recovery of other major crypto assets and low market cap cryptocurrencies in the upcoming days. Typically, during the weekend, the crypto market tends to demonstrate a dip in volume and a minor decline in trading activity.

However, throughout the past two days, the volume of Bitcoin has remained above the $5 billion mark with the daily volume of the crypto market above $17 billion.

Reference: https://www.ccn.com/bullish-move-crypto-market-adds-5-billion-as-bitcoin-price-surpasses-3700/

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