- Crypto boosted its market position together with Bitcoin
- MATIC price surge to almost +20.5% in the past 7 days
The crypto market continues to raise its market position along with the rise of Bitcoin in the past few days. Interestingly, the total crypto market capitalization of the whole crypto market increased to almost +3% in the past 24-hours.
Best of all, Bitcoin was able to boost its market price to almost +20.5% in the past 7-days despite the bearish market. Truly, this is an event that has been celebrated by the crypto community all over the world.
Aside from Bitcoin, other digital assets in the crypto market recorded a great growth rate. For instance, the Polygon (MATIC) crypto was able to perform an excellent price boost of +10% in the past 24-hours. As a result, analysts and experts in the crypto world can’t help but forecast the bullish future of MATIC.
This made the Bitcoin investor and enthusiast Lark Davis react:
On the other hand, many companies and countries continue to recognize the potential of Bitcoin. MicroStrategy, for example, keeps increasing its Bitcoin holdings every now and then. This is just one proof that the world is now slowly embracing the technology that Bitcoin brings.
In other news, El Salvador has become the first country to consider Bitcoin as legal tender. The news made a splash across various media and industries. Many in the crypto community lauded the country for its unprecedented move. Interestingly, other countries in the same continent have also expressed their interest in doing the same.
