Cryptocurrencies recorded, today, Tuesday, a collective rise, amid intense trading on the major currencies.

Bitcoin crossed the $50,000 level for the first time since September 7, according to Arab Net, reaching $50,134 thousand, up by more than 5%.

Ethereum coins rose 1.92% to $3,417.88, and Bitcoin Cash rose 2% to $563.35.

The Dodge Coin was among the highest gainers, rising 9.38% to $0.236.

Following a downtrend in bitcoin last week, one of its biggest daily gains in months occurred after Federal Reserve Chairman Jerome Powell's comments that the central bank will not ban cryptocurrencies. And in a shocking run, other digital currencies have followed suit.