Today, 06/02/2024, the cryptocurrency market is witnessing some exciting progress. The cryptocurrency market has seen a significant rise this year, with the price rising to $2.47 trillion, thanks to the approval of Bitcoin Exchange Traded Funds (ETFs), which has led to a large amount of money entering the market.
Bitcoin has seen a significant rise, with the price reaching around $67,900. This rise is partly attributed to the expected Bitcoin halving event in April 2024, which is expected to significantly increase the value of Bitcoin, perhaps to more than $99,000. Ethereum has also seen an improvement, with markets expecting its value to increase as the EIP-4844 upgrade approaches in the second half of the year, which was used to improve network performance and reduce transaction costs. In addition, other operations such as Polkadot and Baby have also performed well in the market, recording significant gains in recent weeks. Polkadot is up 7.4% in the past seven days, while BB is up 20%
This year is expected to be full of developments and changes in the cryptocurrency exchange with continued increasing adoption and new agreements being implemented in Europe and the United States, which could increase confidence and investment in this field
Know how to deal with the market well so that you do not lose money and deal with the market with a ban