The last few days of Bitcoin, Ethereum and some other digital assets have shown robust growth, thus bringing the total capitalization of the cryptoval market to over $1 trillion for the first time since June 13.
On Monday, Bitcoin grew by more than 5%, bringing its rate to $22,000, which is the best figure since the beginning of last month. At the time of writing, the Bitcoin was about $23230. Ethereum had grown by more than 12% on Monday to about $1,500. The second-largest cryptovaly of the world is now trading in the $1566 area for a coin, followed by Bitcoin and Ether.
It is likely that if the growth of Bitcoin and Ethereum continues, it can attract more investors back to the crypto market and help stimulate wider recovery in this segment.
In recent months, there has been a difficult situation in the cryptate market, resulting in a significant decline in the overall capitalization of digital assets, and some large cryptoval companies, such as Celsius, Voyager Digital and Three Arrows Capital, have declared bankruptcy.