Bitcoin manages to set a two-week record

The value of the flagship cryptocurrency rose by 7.88% per day, allowing bitcoin to return to two-week highs. According to CoinMarketCap, at the time of writing, BTC is trading at $ 20,732.

It is worth noting that the market capitalization of cryptocurrencies has returned to the $ 1 trillion mark. As for ethereum, it also managed to increase in value. Thus, the price of ETH rose by 5.26%, and at the time of writing, ethereum is trading at $ 1706. The Solana cryptocurrency also demonstrated positive performance, adding 9.16% to its value. SOL is currently trading at $ 35.80.

Obviously, the day of September 6−7, 2022, was the worst for the value of bitcoin, which set an anti-record for the first time since December 2020. Yesterday, BTC was trading for $ 18,776, while the price of most digital assets fell along with the value of bitcoin, and the total market capitalization dropped to $ 935 billion.

It is worth noting that despite the anti-record set by bitcoin, half of its holders have made money on the cryptocurrency. According to TipRanks, as of September 7, 47% of bitcoin holders still made money on their investments at the current price of the digital asset, while the majority (52%) suffered losses.