The prices of Ethereum and Bitcoin, the two biggest cryptocurrencies in the world, increased today, leading to positive trading activity on the cryptocurrency market on Thursday. The price of a bitcoin token was $34,748.28, up 2.06%.
With today’s exchange rate, the market capitalization of Bitcoin is $678.52 billion. The price of one Ethereum token increased by 0.11% to $1,795.88. According to CoinMarketCap statistics, Ethereum holds a market capitalization of $215,934,371,983 at the time this article is written.
Bitcoin Surpasses $34,500, Shiba Inu and Dogecoin Gain 8%+,Bitcoin Surpasses $34,500, Shiba Inu and Dogecoin Gain 8%+
Bitcoin’s price has increased dramatically over the past several days. Strong cryptocurrency purchases fueled by improving market sentiment in light of rumours that BlackRock’s spot Bitcoin exchange-traded fund (ETF) may receive approval from the US Securities and Exchange Commission (SEC) are the cause of the recent upward trend in Botcoin’s price.
The value of the global cryptocurrency market increased by 1.16% to $1.27 trillion. Over the last day, the overall volume of the cryptocurrency market dropped 33.18% to $50.36 billion. Currently, DeFi’s total volume is $4.62 billion, or 9.18% of the 24-hour volume of the whole cryptocurrency market. At $45.35 billion, the entire value of stablecoins represents 90.03% of the 24-hour volume of the cryptocurrency market.
How are the current meme currencies doing? Today witnessed a rise in the value of meme currencies, with Dogecoin and Shiba Inu seeing particularly strong increases in trading volume. It is important to remember that trade volume often indicates increased interest in a certain asset.
This interest may stem from a number of things, including a general upswing in the bitcoin market as a whole, market mood, or outside events. Dogecoin: On Thursday, the price of a Dogecoin token surged by 8.77% to $0.07209. Dogecoin is valued at $10.21 billion on the market. Shiba Inu: On Thursday, the price of Shiba Inus surged by 9.94% to $0.000008195 per token. Shiba Inu, the meme money, is currently valued at $4.83 billion.
What’s the current performance of other altcoins?
XRP: On Thursday, Ripple’s XRP price dropped by 0.08% to $0.5544. Out of all 8,820 active cryptocurrencies listed on CoinMarketCap, XRP is rated number five.
Cardano: As of the time this article was written, the price of Cardano has increased by 1.08% to $0.2841 per token. Solana: On Thursday, the price of Solana increased by 4.45% to $32.49 per token. In terms of market capitalization, Solana is the seventh-largest cryptocurrency globally.
Polkadot: At the time this article was written, the price of Polkadot was up 2.38% to $4.31 per token. Polkadot is currently ranked as the fifteenth biggest cryptocurrency globally, with a market capitalization of $5,438,590,575.
Bitcoin Surpasses $34,500, Shiba Inu and Dogecoin Gain 8%+,Bitcoin Surpasses $34,500, Shiba Inu and Dogecoin Gain 8%+,Bitcoin Surpasses $34,500, Shiba Inu and Dogecoin Gain 8%+, Bitcoin Crypto news, Bitcoin News