Stocks opened lower again today, continuing a week that has been marked by drastic selloffs, but cryptocurrencies are getting a boost thanks to congressional testimony from two major US regulators on Tuesday. A topsy turvy week in the markets continues!
The total market value of global cryptocurrencies was up 25% since Tuesday, according to CoinMarketCap.com, to $488.82 billion. Bitcoin, which makes up about 35% of that total, was up 6% — or nearly $2,000— to $8,183, according to Markets Insider data.
Are you still trading cryptocurrencies, or have you been frightened out of the market?
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