Crypto-Market Begins To Recover Following Recent Downturn
Bitcoin has dropped about half of its value since its November high and has been hovering around $30,000 for the past month. Some investors believe bitcoin has reached a bottom, based on the amount of money flowing into listed cryptocurrency funds, which represent a small portion of the market. Funds experienced an average weekly inflow of $66.5 million, reversing a disastrous April loss of $49.6 million.
Tags: Cryptocurrency, Bitcoin, Stock market, Downfall, Funds
Courtesy: NDTV