The cryptocurrency market has continued its excellent start to the new week, with most coins up by more than 4% in the last 24 hours.<\/strong><\/p>\n The new week is shaping out to be a positive one for the broader cryptocurrency market. The market has added nearly 6% to its value in the last 24 hours, and the total market cap now stands above $915 billion.\u00a0<\/p>\n Bitcoin finally crossed the $20k psychological level after adding more than 6% to its value. Ether is closing in on the $1,200 resistance level and is up by more than 10% in the last 24 hours.<\/p>\n MATIC, the native token of the Polygon ecosystem, is the best performer amongst the top 20 cryptocurrencies by market cap. MATIC has added more than 15% to its value in the last 24 hours and currently trades above $0.530 per coin.<\/p>\n The rally can be attributed to the talks on Web3 adoption by Polygon co-founder Mihailo Bjelic on Monday. According to Bjelic, mass adoption of Web3 will happen on mobile, and Polygon is preparing to play a crucial role in this development.<\/p>\n Mass adoption of Web3 will happen on mobile and @0xPolygon<\/a> is preparing for it.<\/p>\n Our strategy is not to make our own devices. Instead, we will integrate with existing manufacturers.<\/p>\n Today, we are proud to announce the first major integration.<\/p>\n Onwards. 🔥https:\/\/t.co\/sGCfTm6v7P<\/a><\/p>\n \u2014 Mihailo Bjelic (@MihailoBjelic) July 4, 2022<\/a><\/p>\n<\/blockquote>\n The tweet was accompanied by a link to the announcement that HTC had launched a metaverse phone with Polygon and Ethereum support.<\/p>\n The MATIC\/USD 4-hour chart is bullish as MATIC has been performing well over the past 48 hours.<\/p>\n\n
Key levels to watch<\/h2>\n
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