Cryptocurrency bitcoin rose to $ 44,500 per day

On the night of February 8, the flagship crypto asset BTC $101,218.96 Bitcoin -2.60% Market capitalization $2 trillion VOL. 24 hours $5.3 billion managed to rise above $ 44,500. At the time of writing, bitcoin is still showing positive dynamics and growth.

According to the analytical tracker CoinMarketCap, the main cryptocurrency is currently trading at $ 44,522, up 3.75% per day. The total supply of coins circulating on the market amounted to $ 873.5 billion. Traders executed $ 24 billion worth of daily trades, which is 40% more than yesterday. BTC’s dominance in the market has increased to 51.3%, but the fear and greed index is still pessimistic at 59 points.

As for the leading altcoin ETH $3,681.96 Bridged Ether (StarkGate) -3.82% Market capitalization $0.33 billion VOL. 24 hours $3.04 billion , Ethereum also showed a good price increase. At the moment, ETH is trading at $ 2,421, up 2.58% from yesterday’s figures. The market capitalization of the second cryptocurrency has reached more than $ 290.9 billion, and daily trading transactions have exceeded $ 10, which is 4.03% more than yesterday, February 7.

In general, the global capitalization of the digital asset industry has added 3.14% over the past 24 hours and crossed the $ 1.7 trillion mark.

As a reminder, cryptocurrency experts predict that bitcoin could reach $ 130,000 by the end of 2024. A few days ago, Fred Thiel, chairman and CEO of Marathon Digital Holdings, emphasized that the upcoming doubling of bitcoin’s exchange rate would double its value compared to gold. Thiel expects BTC to reach ATH by the end of the third or early fourth quarter, after which a sell-off will begin, which could reduce its value.