Cryptocurrency exchanges have been dominated by green in recent sessions.
According to Arabiya Net, the combined market value of digital currencies jumped during the past 72 hours, by 6.7%, to win the market about 120 billion dollars, after it rose from the level of 1788.4 billion USD in trading last Thursday, to the level of USD 1908.4 in trading on Sunday morning, according to CoinMarketCap data.
At the top of the gaining currencies came the most powerful and widespread Bitcoin in the cryptocurrency market, as it recorded a 4.3% rise, winning towards 1755 dollars, after its price rose from the level of 40,508 dollars. To about 42,263 dollars.
The combined market value also jumped by 4.4%, gaining about $34.3 billion, after it rose from the level of $769 billion to $803.3 billion, acquiring a market share of 42.09%. of the total market. It also captured about 28.5% of the total market gains during the past three sessions.
Ether, which ranked second among the largest cryptocurrencies by market value, recorded a 10% gain, gaining about $273, after its price rose from $2,686 to $2,686. About $2,959. Its combined market value jumped by 10.2%, winning about $33 billion, rising from $322.4 billion to about $355.4 billion, acquiring 18.62% of the total market, and reaping about 27.5% of the total market gains.
While the Taser and USD coins were stable at the $1 level, their combined market capitalization stabilized at $80.45 and $52.89 billion, respectively.
BNP, which ranked fifth, recorded gains during the past hours by 1.4%, compared to a weekly increase of 7%, to be traded today at the level of 402.12 dollar. It also increased its total market value to about 66.44 billion dollars.
While expectations indicated the continued rise of digital currencies led by Bitcoin, but the accusations faced by the market that it could be used by Russia to violate the sanctions imposed by Western countries on Russia, It caused the market to turn into losses that pushed Bitcoin to the $37,000 level over the past days. But the market quickly recovered and recorded significant gains during the past 72 hours.
