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The cryptocurrency market was up by 7.9% in European morning trade.
Some $200m was wiped from the cryptocurrency market in the recent sell-off following Russia’s attack on Ukraine.
In February, metaverse-related digital assets outperformed tech companies with metaverse venture plans, Kaiko finds.
When investing in the metaverse, it is important to keep a timeframe in mind
Most volatility has been driven by short-term holders, who now own majority of BTC supply, Glassnode notes
BTC and ETH began to recover after a weekend plunge, while layer-1 blockhain protocols Solana and Terra, and metaverse tokens AXS and MANA rallied.
Sell-off in cryptocurrency market deepens
BTC was flat in London morning trade, as the oldest cryptocurrency failed to break through $45,000 level.
FTX, Crypto.com or Coinbase are some of the biggest crypto exchanges that have been marketing heavily
Crypto advocates see latest regulation from Canada as argument for decentralised currency
Ethereum transaction fees are currently at their lowest level since 28 July, according to data from Santiment
Bitcoin (BTW) was trading in the $43,000–$44,000 range in morning European trading
Are we witnessing a cryptocurrency relief rally, or will the bulls seize control of the market?