Major coins traded in the green on Tuesday evening as investors appeared to rekindle their enthusiasm for digital assets.
|Cryptocurrency||Gains (+/-)||Price (Recorded 9:30 p.m. EST)|
What Happened: The crypto markets kicked off on a hopeful note this Tuesday, as Bitcoin regained its position above the vital $30,000-mark. Additionally, Ethereum showed gains by crossing the $2,100-mark twice in three days, with a brief dip below the threshold before resuming its ascent.
At the time of writing, the global crypto market capitalization stood at $1.25 trillion, down over 1.51% over the last day.
U.S. stock market saw a subdued finish as investors sifted through numerous earnings reports and their potential implications for the economy. The S&P 500 index showed a slight upward movement of 0.09%, with the Nasdaq Composite settling at 12,153.41, down a marginal 0.04%.
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News Highlights: During a Congressional hearing on Tuesday, SEC Chairman Gary Gensler was asked about…