The digital currency has been showing steady growth over the past 24 hours, totaling +2.16%, signaling investors about a new bullish trend in the cryptocurrency market.
The total market capitalization of BTC, according to CoinMarketCap, exceeded $730 billion. On the weekly timeframe, the asset grew by 1.56%. At the same time, the fear and greed index is at 74%, which may indicate that the crypto market is likely ready for a correction.
Commenting on the current events, a number of market experts agree that the attention of a wide range of investors to the positive dynamics of military-technical cooperation has not yet reached its peak.
“Retail remains completely oblivious to growth. But once the BTC crosses the $40,000 mark, people will start waking up feeling like a giant bullet train is rushing past their doorstep,” says Adamant Capital founder Tuur Demeester.
The day before, the author of the best-selling book on finance “Rich Dad Poor Dad” again urged subscribers to buy gold, silver, weapons and bitcoin to survive the difficult times of hyperinflation.
Source: Bits
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