After a rough couple of days, the crypto markets are on the mend. Global market cap has recovered from its weekly low of $1.64 trillion and is now sitting firmly in the $1.72 trillion range.
Bitcoin has found its footing again in the $56,000 range after dropping as low as $53,000 earlier this week. The currency is up 1.63% and rising, according to data company Nomics.
The recovery appears to have been aided by comments made by Visa CEO Al Kelly. Speaking on Fortune’s podcast Leadership Next Kelly mentioned that Visa had been actively working with some Bitcoin wallets to allow the seamless movement of crypto to fiat currencies allowing BTC to be used anywhere Visa is accepted.
Visa CEO, Al Kelly: “We’re trying to work with some Bitcoin wallets to allow #Bitcoin to be translated into a fiat currency and therefore immediately be able to be used at any of the 70 million places around the world where Visa is accepted.”
— Bloqport (@Bloqport) March 16, 2021
In turn, Kell
Źródło: https://decrypt.co/61692/bitcoin-reverses-losses-while-cardano-surges-on-coinbase-pro-listing
