Cryptocurrencies bitcoin and ethereum managed to grow for the first time in a long time

For the first time in the last week, the flagship cryptocurrency is showing high volatility. In the previous days, the bitcoin exchange rate correlated within the range of 1%, and today it jumped by 3.72%. Thus, on October 14, 2022, at the time of writing, the value of the digital asset amounted to $ 19,570, and the market capitalization crossed the $ 375.33 billion mark.

The last day was very stormy for BTC. On the evening of October 13, the cryptocurrency dropped below $ 19,000, but the asset managed to quickly regain its position. Due to the high volatility, the virtual coin attracted the attention of traders who provided trading volumes worth $ 49.36 billion. This is 97.83% more than the previous day.

As for Ethereum (ETH), the cryptocurrency’s rate increased by 3.51% over the past day, with the virtual coin trading at $ 1,321. The market capitalization rose to $ 162.78 billion, and the volume of daily trading transactions increased by 125.93% to $ 19.38 billion compared to yesterday.

Among the top ten cryptocurrencies, Ripple (XRP) showed good profitability. After yesterday’s drop of 8%, the cryptocurrency’s rate rose by 5.9% today. The virtual asset is worth $ 0.497, and the market capitalization is $ 24.88 billion. Traders were able to execute deals worth $ 2.99 billion over the day.

As a reminder, cryptocurrency experts have identified the tokens that have become the most profitable over the past 24 hours. Here are the top 5 leaders on the list: Ethereum Name Service (ENS), Huobi Token (HT), TerraClassicUSD (USTC), Lido DAO (LDO), and Uniswap (UNI).