Bitcoin Above 18,000, Ethereum Up 5%, Other Tokens Move Higher

Bitcoin Above 18,000, Ethereum Up 5%, Other Tokens Move Higher

  • Bitcoin
  • January 12, 2023
  • No Comment
  • 10

SUMMARY

Cryptocurrencies gained on Thursday. The global crypto market cap stood at $889.5 billion, with a volume of nearly $43 billion in the past 24 hours.

Bitcoin, crypto, cryptocurrency prices

Image count1 / 8

Bitcoin | The world’s largest and most popular virtual currency, Bitcoin, rose 4.8 percent to $18,242. Its market value stood at $351.4 billion. The trade volume was at $21.1 billion.

CNBCTV18

Image count2 / 8

“BTC has been facing an upward movement since the start of the year. In the past 24 hours, it has increased by 0.86 percent, reaching around $17,500 for the first time since December 16th,” said Edul Patel, CEO and Co-Founder of Mudrex.

Ethereum, ether, crypto, cryptocurrency prices

Image count3 / 8

Ethereum | The second largest virtual currency, Ethererum or Ether, rose 4.9 percent to $1,403.9 with a market capitalisation of $171.6 billion. The trade volume of Ethereum was almost $7.7 billion in the last 24 hours.

Dogecoin, crypto, cryptocurrency prices

Image count4 / 8

Dogecoin | Meme-based virtual currency, Dogecoin, rose 3.4 percent on Thursday. Its market value stood at almost $10.5 billion. The trade volume was at $431.2 million.

Solana, crypto, cryptocurrency prices

Image count5 / 8

Solana | Solana rose 2.6 percent to $16.5 with a market capitalisation of $6.1 billion. The trade volume of Solana was $716.4 million in the last 24 hours.

shiba inu, crypto, cryptocurrency prices

Image count6 / 8

Shiba Inu | Shiba Inu rose 3.6 percent with a market capitalisation of $5.2 billion. The trade volume was $298.6 million in the last 24 hours.

Polygon, crypto, cryptocurrency prices

Image count7 / 8

Polygon | Polygon rose 4.6 percent to $0.9 with a market capitalisation of $7.8 billion. The trade volume was $353.3 million in the last 24 hours.

CNBCTV18

Image count8 / 8

On altcoins, Patel said, “Moreover, altcoins are also having a good day. Ripple had the highest jump in the past 24 hours, with its value jumping by about five percent and reaching close to $0.37. However, Lido DAO’s LDO token has experienced a significant retracement and is down eight percent daily.”

Source link

Related post

Bitcoin pro traders warm up the $24K level, suggesting that the current BTC rally has legs

Bitcoin pro traders warm up the $24K level, suggesting…

On Feb. 1 and Feb 2. Bitcoin’s (BTC) price surpassed even the most bullish price projections after the U.S. Federal Reserve…
Troubled Crypto Miners Get Breathing Room as Bitcoin Rebounds

Troubled Crypto Miners Get Breathing Room as Bitcoin Rebounds

(Bloomberg) — Rising Bitcoin prices are buying some time for distressed crypto miners as they renegotiate debt with lenders to stay…
Financial Accounting Standards Board votes to release draft cryptocurrency in March

Financial Accounting Standards Board votes to release draft cryptocurrency…

The Financial Accounting Standards Board, in its Feb. 1 meeting, voted to advance its first standard on cryptocurrencies and digital assets.…

Leave a Reply

Your email address will not be published.