1. The total market capitalization of all cryptocurrencies rose to new all-time highs on Wednesday, capping off a dramatic months-long recovery that reaffirmed the bullish narrative for Bitcoin (BTC) and Ether (ETH). The crypto market cap — an important barometer for the overall health of the digital asset economy — reached a high above $2.63 trillion on Wednesday, according to Cointelegraph Markets Pro.
2. Most young investors in the United Kingdom are entering the crypto market thanks to the hype on social media and news, but they are not aware that the market is not regulated, a new study published by the United Kingdom’s Financial Conduct Authority (FCA) revealed. The survey revealed that a majority (69%) of the investors under the age of 40 mistakenly believe that crypto markets are regulated.
3. Bitcoin has surged $66,900 level, passing the previous price record of $64,889 set in April. (Read More)
4. Market analyst Lark Davis Believed that the bear trap experienced in the BTC market might be over, along with reaching a new ATH of the Bitcoin’s price. (Read More)
5. Billionaire Peter Thiel shared concerns that investing in Bitcoin is already a “known secret.”
#crypto #blockchain #bitcoin #market #cap #hits #new