Why is the cryptocurrency market up today 07/12/2025?
The total market capitalization of cryptocurrencies (TOTAL) and Bitcoin (BTC) started the day showing signs of recovery. This led altcoins to follow suit and also record gains, with Pudgy Penguins (PENGU) rising 7% in 24 hours.
In today's news:
South Korea is considering new rules that would require cryptocurrency exchanges to compensate users for losses related to cyberattacks, aligning with the responsibility standards applied to banks. The measure comes after a $30 million leak at Upbit, accelerating efforts to strengthen oversight of major trading platforms.