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Bitcoin grew by 5% per day
Over the past 24 hours, the cryptocurrency market has demonstrated a sudden growth. on October 26, the total capitalization of all virtual assets reached $ 1.01 trillion. The flagship digital asset bitcoin (BTC) grew by 4.74% over the past day. At the time of writing, the leading cryptocurrency is trading at $ 20,186. The market capitalization of BTC has reached $ 387.37 billion. Daily trading volumes reached $ 7.212 billion.
The second largest virtual currency by capitalization, Ethereum (ETH), rose in price by 10%. The price of Ethereum is currently $ 1489, and the total supply of coins circulating on the market amounted to $ 179.52 billion. Traders have secured transactions with the digital asset worth $ 32.6 billion.
Charles Hoskinson's brainchild, Cardano (ADA), also boasted significant success over the day. Over the past 24 hours, the crypto asset’s rate has increased by 11.39%, and its market capitalization has reached $ 13.74 billion. Daily trading volumes exceeded $ 1.3 billion.
Solana (SOL) gained 9.63% over the past day. Currently, the virtual coin is worth $ 31.13, and its market capitalization is $ 11.18 billion.
Finally, the meme cryptocurrency Dogecoin (DOGE) gained 9.87%. The asset is available for purchase at $ 0.065, and the market supply amounted to $ 8.75 billion.
Earlier, we reported that cryptocurrency analyst and investor Peter Brandt predicted that bitcoin would fall to $ 13,000 before the flagship cryptocurrency reaches a new all-time high. The expert is convinced that in 32 months, bitcoin will demonstrate impressive performance, but Brandt has not yet specified what kind of performance.