Crypto Market Observes Recovery Despite Holiday Effects – BitRss

The cryptocurrency market has shown an overall recovery despite the effects of the Christmas holiday. The global market capitalization increased by 3.50%, reaching $3.44 trillion. Although the total trading volume fell by 16% in the last 24 hours, the Crypto Fear and Greed Index remained steady at 73, indicating a sentiment of “greed” in the market.

Signals of Recovery in Bitcoin and Altcoins

Following the Christmas holiday, Bitcoin (BTC) $98,520 stabilized above $98,000. After briefly touching the $99,000 mark, BTC experienced a slight pullback while leading the overall market momentum. Ethereum (ETH) $3,505