Subscribe to our Telegram channel!
The gradual recovery of the cryptocurrency market has given another impetus to the growth of the flagship cryptocurrency BTC $78,253.31 Bitcoin 0.92% Market capitalization $1.57 trillion VOL. 24 hours $0.61 billion . Bitcoin has broken through the $ 22,000 level and is currently trading at $ 22,614. According to CoinGecko, bitcoin has reached its five-month high today, and has risen by more than 7% in the last 24 hours alone. The last time BTC demonstrated such performance was back in August 2022. In the fall, digital gold plummeted below $ 16,000 due to the collapse of the FTX cryptocurrency exchange.
Experts noted that bitcoin gained 20% over the week, and a 34% jump was recorded over the past 30 days. Starting from the highest price of the coin ($ 69,0000), which was registered in the fall of 2021, the price of the main virtual asset has decreased by 68%.
Ethereum is also showing growth. Over the day, the leading altcoinincreased by 7% and is trading at $ 1652. According to CoinGecko, the last time ethereum cost this much was in September 2022. ETH grew by 17% in a week and by 36% in 30 days.
However, the fastest growth was demonstrated by Solana SOL $105.55 Solana 1.96% Market capitalization $61.66 billion VOL. 24 hours $0.16 billion . The coin, which fell to a two-year low at the end of December, has risen by almost 19% today and is trading at $ 25.13. This is the highest price of Solana since the token plummeted due to the FTX bankruptcy in November 2022. This week alone, SOL is up 52%. The coin is currently ranked 10th in the top 100 with a market capitalization of $ 9.34 billion.
It should be added that over the past 24 hours, the global value of the cryptocurrency market has increased by 6%. In addition to the above assets, Dogecoin DOGE $0.09 Dogecoin 0.74% Market capitalization $13.29 billion VOL. 24 hours $24.39 million , Cardano ADA $0.20 Cardano -0.10% Market capitalization $7.57 billion VOL. 24 hours $10.42 million , and XRP XRP $1.40 XRP 1.61% Market capitalization $87.79 billion VOL. 24 hours $78.08 million also demonstrated positive dynamics.