Cryptocurrencies are recovering confidently against the backdrop of the fall of world indices

Cryptocurrencies are recovering confidently against the backdrop of the fall of world indices

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Today, February 10, bitcoin and the market of cryptocurrencies in general continue to show steady growth against the background of the fall of the overwhelming majority of world indices and commodity prices.

The graph below shows how, contrary to the forecasts of skeptics from the world of traditional finance and simple “witnesses to the pyramid,” bitcoin crossed the $ 9000 mark.

Cryptocurrencies

Data: BitcoinWisdom

At the time of writing, almost all the digital currencies of the first hundred of the Coinmarketcap rating are in the “green zone”.

Below are the data on prices and capitalization of the most liquid cryptocurrencies:

Cryptocurrencies

Data: Coinmarketcap

We should also note that, according to CoinMarketCap, the capitalization of the market is $ 434,2 billion at the time of writing.

Users of social networks could not miss the inverse correlation between the traditional financial and cryptocurrency markets.

For example, the notorious bitcoinal apologist Richard Hart also noted the divergence between these markets, taking on a new “technical indicator”. He wrote in his tweet:

“If the stock market goes down, and #Bitcoin goes up, that’s good enough bullish divergence for me.”

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