Crypto prices are increasing when retailers immerse themselves in the market for digital assets

crypto dealers show signs of new confidence, with the market capitalization of digital assets in July after a painful sale and a credit crisis that had replaced many actors from the market, rose by $ 280 billion.

investment products that pursue crypto assets have taken almost $ 400 million since the beginning of July and thus recorded the longest series of continuing weekly net inflows since March, according to the data of the crypto assets administration group Coinhares.

"We are gradually seeing that some courageous investors are taking..

The first signs of recovery follow a phase of strong declines in the digital assets industry. Bitcoin, the global flagship cryptocurrency, fell from its all-time high in November by up to 70 percent, while the size of the market for digital assets dropped from more than $ 3 trillion to less than $ 1 trillion.

falling prices caused Terra's collapse-once one of the largest stable coins in the industry-and led to the failure of several prominent crypto hedge funds and lenders such as Three Arrows Capital and Celsius.

The problems for the sector also put investment vehicles such as stock markets traded funds and trusts a blow, which made it possible to rely on crypto-assets without keeping the tokens directly, with investors, according to Coinshares, $ 481 million in June.

In the past few weeks, the market has shown tentative signs of recreation because the market capitalization of the 500 largest tokens recovered to over $ 1 trillion, an increase of 30 percent in July, and the price of Bitcoin fluctuated over $ 20,000.

Ether, the second largest cryptocurrency, has increased around 40 percent last month, since the expectation grew that the token will be converted to a blockchain or a digital lid with a lower CO2 footprint.

According to Coinshares, tributaries and improving token prices have again increased the managed total assets in crypto system products from the beginning of June of $ 30 billion.

Charley Cooper, Managing Director of Blockchain company R3, warned that the youngest rally could be in the sand. "I think that the stabilization of the prices in no way indicates an inevitable upswing," he said.