Why Crypto Winter is Thawing Crypto Prices Earlier Than Hoped – Buy Now?
Join Our Telegram channel to stay up to date on breaking news coverage In 2017, Bitcoin lost around 80% of its value within 12 months. However, the coin resumed an uptrend after and rallied to new highs. In 2022, Bitcoin has dropped by 66% year-to-date (YTD), marking one of the worst crypto winter s in history. Nevertheless, there are now signs that the crypto winter could be thawing. Over the past 24 hours, Bitcoin has gained to $20,598 at the time of writing. The gains made during the past two days have crypto investors anticipating that the crypto winter could be over. Is the crypto winter over? Bitcoin is now up by over 7% over the past week following a recent bull run. Altcoins are also trading in the green zone, with the largest altcoin, Ether, trading above $1500. The global market capitalization has also gained to above $1 trillion. Crypto traders are now optimistic that months of sideways price movements are over and that the crypto winter has finally ended. Bitcoi...