This week, the cryptocurrency market has experienced a significant recovery, with mainstream cryptocurrencies generally rising and the overall market recovery trend being obvious. Although short orders were blown up this week, external capital inflows and market expectations are optimistic. At present, the total market value of the crypto market is about 2.33 trillion US dollars. Although it fell by 1.39% in 24 hours, the market sentiment index remained at 57, which was higher than last week.

The key factor in the market this week is the impact of news, especially the assassination of Trump, which has had a significant impact on the political and business circles in the United States, and the crypto industry has responded positively to this. Among the top 100 cryptocurrency projects, the rise and fall ratio is 9:1, and the market generally rose. Bitcoin rose by more than 10% in a week, but fell below $65,000 on the weekend. The current price is about $63,750, an increase of about 10.8%. Ethereum has a similar trend, with a current price of about $3,414, an increase of about 9.61%.

WIF is the currency with the largest increase this week, with a 7-day increase of 57.27% and a price of about $2.4.

There may be a new round of market fluctuations in the cryptocurrency market this weekend, and a small decline is expected to be more likely. However, considering the overall recovery trend of the market, the probability of continued rise in the future still exists.