Bitcoin, Ethereum and other Cryptos gets more investors as market capitalization increases to $323 billion
Bitcoin, Ethereum and other Cryptos gets more investors as market capitalization increases to $323 billion – The result of cryptocurrency market (Bitcoin, Ethereum etc.) revealed that more investors are into the market and the market capitalization has increased to $323billion. This is of great benefit to all that has BTC, ETH, and XRP and many altcoins in play.
Statistics of the data from Coinmarketcap shows that the market capitalization value of the cryptocurrency market stands at $323billion. BTC played a major role in the crypto market value, contributing about 62% of the whole crypto market capitalization.
This indicates that global investors and traders are trooping into digital coins. We won’t fail to tell you that the crypto market experienced some slight lows in the past week due to the resurging COVID-19 caseloads, the market seems to have bounced back again.
In the past 48 hours, Bitcoin gained +9% as it nears $11,000 for the first time in 11 months. Additionally, amongst the top 100 highest market capitalized crypto assets, 20 of the 30 projects that have had positive gains in the past day are in the top 40. The past couple of months were all about Defi and altcoins having all the fun. But the narrative has quickly switched back to bitcoin and large-cap assets like Ethereum, Ripple, and Tether.
As the price of BTC approaches the $11,000 resistance level, BTC thieves in less than 48 hours have stolen 3503 BTC worth $38.5 million. This is more than the 119 756 BTC stolen in 2016.
How to track BTCs
It should be noted that Bitcoin is not really anonymous because all BTC transactions are kept permanently and publicly on the blockchain or ledger system, so it’s very easy for anyone to see the transactions and balances of any BTC address.
This implies that Blockchain security and security agencies have flagged the BTC wallets containing the stolen BTCs, making it very difficult to move the 119,756 BTC without being noticed.
Always trade or invest wisely… emerging as a successful man needs risk taking