photo 1 Crypto prices on the rise: bitcoin hits 20,000!

Crypto prices on the rise: bitcoin hits 20,000!

– Crypto tokens were trading higher on Tuesday, with Bitcoin reclaiming the $20,000 mark, its major support and psychological level.
– Bitcoin fell below $20,000 on Sunday as part of a wider cryptocurrency-market retreat, amid concern about the Federal Reserve’s rate-hike path.
– Fed Chair Jerome Powell’s speech at the Jackson Hole conference spooked the traders across the world of all riskier asset classes.
– Despite the recovery, the total market cap of the crypto space remained below the $1 trillion mark.
– Fintech firm Lightnet Group has received a $50 million commitment from investment group LDA Capital.
– Singapore’s central bank wants to promote a digital asset ecosystem while restricting crypto speculation.
– Polkadot parachain Moonbeam has integrated cross-chain messaging protocol LayerZero to facilitate Web3 interoperability.
– MundoCrypto has released its Metaverse as a new training space for the crypto community under the model Learn to Earn and Proof of Community.
– Edul Patel, CEO and co-founder, Mudrex, said that Bitcoin’s price rebounded after falling below the $20,000 level over the weekend.

photo 1 Crypto prices on the rise: bitcoin hits 20,000!

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