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Why Crypto Prices Are Roaring Back Today in a Show of Strength

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Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.As investors liquidate their digital assets, the cryptocurrency market remains in the grip of the bears.

However, in the last twenty-four hours, the crypto industry's total value locked (TVL) has increased by 0.96 percent, bringing it closer to the $1 trillion mark.Impressively, the current bullish wave is not being led by industry giants, such as Bitcoin and Ethereum, but other alternative currencies (altcoins).

What is driving crypto's resurgence, and is now a good time to buy and hold in anticipation of a bull run?Following recent remarks from President Vladimir Putin, the seven-month-old Ukraine war is taking a new dimension.

According to the Russian ruler, he will be mobilizing his military reserves after several setbacks in the campaign to take over the Ukrainian territory.

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