Crypto Week Ahead: Bitcoin Regains Popularity, With a $1.68 Trillion Market Cap

The price of Bitcoin (BTC) reached a high of $44,231.23 during the last seven days.

The most widely used cryptocurrency in the world, Bitcoin (BTC), recovered from a few days of decline and is presently trading at about $43,000. As of this writing, the value of the world market capitalization was $1.68 trillion, a significant increase above last week’s $1.46 trillion.

Readers should be aware that coin prices and the cryptocurrency market as a whole are very erratic before continuing. It is impossible to predict with certainty how cryptocurrencies will perform in the future. The purpose of this article is to assist investors in staying abreast of the most significant events that have already occurred, as well as some noteworthy forthcoming events and current market circumstances. Before taking any calls, investors are recommended to conduct their own research.

Crypto Prices Over The Past Week

The total market capitalization of cryptocurrencies was $1.46 trillion on Monday, December 18. Around $41,100 was the price of Bitcoin, while about $2,170 was the price of Ethereum.

The total market capitalization increased to $1.68 trillion a week later.

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With a total volume of $8.05 billion, DeFi accounts for 13.46% of the market’s 24-hour volume. Stablecoins make up $52.35 billion of the whole 24-hour market volume, or 87.51 percent of the total volume. The total market fear and greed index, according to CoinMarketCap, was rated as “Greed” with 72 points (out of 100).

As of the time of writing, 50.72 percent of BTC was in use.

Bitcoin reached a high of $44,231.23 on December 20 and a low of $40,633.10 on December 18 over the previous seven days.

Conversely, Ethereum saw a low of $2,127.61 on December 18 and a high of $2,336.92 on December 23.