The cryptocurrency market is showing signs of recovery today, with the total market capitalization rising by 1%.
The positive Chaikin Money Flow (CMF) indicator at 0.18 suggests growing investor confidence and bullish momentum.
Trump's positive comments about cryptocurrency and his appointments of cryptocurrency-friendly figures have fueled the rise in crypto prices.
MicroStrategy's inclusion in the Nasdaq 100 index highlights growing institutional adoption and further boosts the legitimacy of Bitcoin as a store of value.