🧨Crypto took a hard hit early May. Bitcoin, the largest cryptocurrency, fell to around $29000 from its all time high of of almost $70000. Other cryptocurrencies fell too and people started to wonder whether this fall would be permanent, but will crypto rise again?

🔮It’s likely, but it won’t be a walk in the park. Shortly after the collapse, the majority of cryptocurrencies began to rise in price. Bitcoin started trading around the $30000 mark but remained largely below that for the time following the initial revival. Since then it’s been a roller coaster ride for cryptocurrencies and they are yet to reach levels near where they were before the crash.

🚀Right now, the bull market rages on. Cryptocurrencies are still experiencing ups and downs while remaining largely around the same price they’d reached after the collapse. However, sentiments on the market are largely positive, with many experts and investors optimistic that major cryptocurrencies will reach new highs just not very soon.