Although the cryptocurrency industry he's been under a lot regulator pressure in recent months, has shown significant resilience, reflected both in the rising prices of its largest assets and in the number of new CRYPTOCURRENCIES appearing on the market.
In fact, the historic information that fine ball retrieved using Internet Archive's return machine indicates that the crypto The market had 22,157 digital assets as of January 1, 2023, when its global market capitalization stood at just $795.56 billion, as shown by the crypto tracking platform. CoinMarketCap on that date.
In particular, as of March 29, 2023, the number of cryptocurrencies tracked by a largest digital asset market data website stood at 23,095, revealing that 938 new digital assets have been added to a global crypto market this year to date with a significantly larger crypto market capitalization at $1.19 trillion. , which shows that he has recovered his bullish impulse.
Interestingly, the figures show that the cryptocurrency sector has been adding around 10 new cryptocurrencies per day in 2023 despite the trials and tribulations caused by the renewed offensive of banking authorities and regulators which have recently culminated in a lawsuit against BinanceThe biggest in the world crypto exchange.
As a reminder, the amount of assets in the crypto market passed the 21,000 mark for the first time ever in September 2022, followed by breaking level 22,000 on December 11, in the middle of a bear market which had seen the market capitalization of the sector decline from $2.2 trillion on January 1, 2022 to $795.56 billion on January 1, 2023, or 63.83%.
Crypto Market Cap Rallies
However, recent advances by industry representatives including Bitcoin (BTC), what has added $30 billion to its market cap in one dayhave brought the total crypto market capitalization to the current $1.19 trillion as it grew nearly $390 billion or 50% since the beginning of this year as the CoinMarketCap chart patterns and data indicate.
Meanwhile, the crypto community has not taken the recent blows in silence, as Binance CEO Changpeng Zhao said. called the lawsuit from the United States Commodity Futures Trading Commission (CFTC) "unexpected and disappointing," while the law firm Cooper & Kirk wrote a letter to Congress urging it to hold regulatory agencies to account, such as shared by Cardano (ADA) founder Charles Hoskinson.
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