Crypto market is now looking much better than in the last months. CoinMarketCap states that the volume of trading has reached a peak of almost a year. The trading volume is mostly formed by top-10 currencies on the market.
At the moment, the crypto market capitalisation is over $140B which is much higher than $110-115B that we witnessed a few weeks ago. And the trading volume is almost $30B, which is also about 50 per cent higher than some of the indicators in January(not the lowest ones).
The BTC is now trading at about $4,160. The bulls managed to fix the price above the support that shows their strength and ability to go even higher.
It is estimated that about 7M people actively use BTC which is a significant number and we can expect this number to grow if the market stays like this.