CRYPTO MARKET CAP REGAINED $1 TRILLION AHEAD OF THE ETHEREUM MERGE!‼️

Last week I promised to jump into the evolution of ETH with some more information about what’s happening there, but I couldn’t let today go by without talking about the rebound this past weekend with BTC as well as ETH and other alt-coins!

So BTC and ETH are leading the comeback today! BTC is at $21,687, and ETH at $1466.

What’s driving the surge we saw this weekend you ask? Well for starters, this is an emerging market; there are going to be ups and downs as with any market until we can figure out a reliable pattern. But for now, we know that besides it being an emerging market, there is technological evolution, and of course, there’s volatility. If you’re in it for the long haul that’s a good thing, because hopefully you weren’t freaking out at the dip - and you knew that it would rebound again, right? So, we did get the rebound we were looking for and it occured this past weekend. 

BTC grew by $708 (3.38% ) and ETH by $131.00 (9.7%). Other cryptocurrencies moved upwards as well this past weekend too:

Solana (SOL) by 3%

Ripple (XRP) by 2%

Cardano (ADA) by 6% 

So much for the rebound but let’s shift topics here for a minute: If you’ve heard of Celcius filing for bankruptcy, I pray to GOD that you took heed, paid attention to your advisors, and early on you transferred your assets to stable coins while you waited on things to stablize. The thing about BTC, alt-coins, and DeFi is that they are investments and as with most investments, it’s risky business. (But you knew that before getting involved, right?)😊

We have to understand the cryptocurrency market in order to minimize our losses, and to understand it we need to be educated about it. (Ask me about IM ACADEMY!💃🏾). Some people understand this asset class and what they’re getting into, but most people don’t. As early as this is in the crypto world (BTC is barely a teenager, just 13 years old), there are still certain regulations that apply today and can cover you. There are financial regulations, as well as protection against fraud and manipulation. (Even with Terra luna, the investigations are still ongoing - so if you invested there, hang on for a bit, let this get solved), so we can be assured that appropriate steps are being taken along the way.

There’s a lot of education out there about this space - just please get involved and know what you’re doing so that your assets won’t shrink but GROW!🥳🤑

Copyright ©2022 Sherma Jacqueline Felix, BLACK ADVANTAGE Publishing™ . The author shall neither be liable nor responsible for any loss or damage allegedly arising from any information or suggestions in this post.