Bitcoin topped $ 47,000 after improving buying momentum. Bitcoin’s advance has been closely followed by most other altcoins, including Ether. Check out the latest cryptocurrency prices and trends.
Bitcoin’s value jumped $ 47,000 after improving buying sentiment. (Photo: Reuters)
Cryptocurrency prices have improved over the past 24 hours as buying momentum accelerated following improving investor sentiment. The values of most cryptocurrencies have rebounded after a period of volatility.
Bitcoin, the world’s largest cryptocurrency, crossed $ 47,000, 2.95% more than its value 24 hours ago, at 12:50 p.m. Bitcoin’s market cap jumped to $ 885 billion and 24-hour trading volume was flat at $ 1.03 billion.
The larger Ether altcoin was also up 2.41% from its value 24 hours ago. It was trading at nearly $ 3,400 and its market cap increased to $ 397.41 billion. The 24-hour trading volume, however, was less than $ 793 million.
Cryptocurrency Highlights | Consult yesterday’s prices
A majority of altcoins have seen their valuation improve over the past 24 hours and only a few, like Cardano and Polkadot, have struggled to gain momentum.
Commenting on the widespread recovery, Edul Patel, CEO and co-founder of Mudrex, a global algorithm-based cryptocurrency trading platform, said: “We are seeing strong buying momentum in the crypto markets. -coins “.
“After consolidating for a while, the markets are now approaching their highs for the day. Bitcoin broke through the $ 47,000 mark before taking a pullback,” he added.
“The largest altcoin, Ethereum, has broken above the $ 3,400 level. The featured artists of the day were Uniswap and Chainlink. Both of these tokens have been subject to strong bearish dominance for some time.
Here are the latest prices and trends for popular cryptocurrencies:
Price (US dollar)
24 hour change
Market capitalization (Billions)
Volume (24 hours)
$ 1.03 billion
$ 793.31 million
$ 844.12 million
$ 98.92 million
$ 3.39 billion
$ 292.40 million
DISCLAIMER: Cryptocurrency prices were updated at 1:10 p.m. and will change throughout the day. The list is meant to give a rough idea of popular cryptocurrency trends and will be updated daily.
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