Leading into the weekend, the total cryptocurrency market cap is sitting at just over $326 billion USD. Various events this week have cause panic selling but the G20 summit brought some confidence back to investors. The leaders in the summit came to the overall conclusion that there was no immediate need to regulate cryptocurrencies at this time.

This is the push the market needed, after the Google (NASDAQ:GOOGL) ICO advertising ban. Eventually, new cryptocurrency investors will gain thicker skin. To be fair, most of the new people that jumped into the cryptocurrency market towards the end of last year, due to “FOMO”, probably don’t have any sort of investing experience. These large dips after major announcements should subside down the road.

However, many like to argue that it’s the crypto “whales“ or bots that manipulate the prices of the coins. Who honestly really knows.

Some coins are rebounding on the market today, after a slight correction yesterday.