Crypto market bounce back

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In July, the cryptocurrency market bounced back to a $1 trillion market capitalization (the total dollar market value of crypto today) for. although it failed to reach its all-time high of $68, Ethereum, the second most traded crypto, also made a strong comeback to $2, from a low of $1, Some experts believe that the recent dips are temporary and that crypto will rebound, driven by increasing adoption and institutional interest.

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Most Read. It's easy to get caught up in tweets, TikToks and YouTube videos touting the latest coin -- but the adrenaline rush of a market spike can easily be washed away with a dramatic crash. In simple terms, cryptocurrency is a digital token, ownership of which is recorded on a blockchain, a distributed software ledger that no one controls. Whether you'll plunge into crypto waters is ultimately up to you, but bear in mind it isn't the only place to start your investing journey. Before investing in crypto, you should know there's almost no protection for crypto investors.