Cryptocurrencies continue to rise, and Bitcoin is leading the rise, after it managed to breach the $21,000 level in trading on Tuesday, compared to about $17,599 in trading last Saturday. p>
According to Arab Net, the sharp losses of the crypto market came during the past days, in light of investors avoiding risky assets, given the tension in global markets. However, the price collapse reinforced the return of investors to the market during the past hours, which pushed the indicators to rise.
In terms of trading, and during the last hours, the combined market value of cryptocurrencies jumped by 13.3 percent, to win the market about 108.8 billion dollars, after the total market value jumped from the level of 816 billion dollars, to about 924.8 billion dollars in trading on Tuesday morning.
At the forefront of cryptocurrencies in profits, Bitcoin came, and during the past hours, it recorded an increase of 5%, compared to a weekly loss of 6.6%, to be traded in today's trading at the level of 21109 dollars. Its combined market value also rose to the level of 402.17 billion dollars, acquiring a market share of 43.48% of the total market.
The Ethereum currency, which ranked second in the list of the largest cryptocurrencies by market value, recorded gains during the past hours by 7%, compared to a weekly decline of 5.8%, to be trading today at the level of 1156 dollars. Its combined market value also rose to the level of 140.2 billion dollars, acquiring a market share of 15.16%.
While the Teezer coin, which came in the third place among the largest cryptocurrencies by market capitalization, stabilized at the level of $ 1, the combined market value stabilized at the level of $ 67.4 billion, with a market share of 7.28%.
Also, the USD currency, which ranked fifth, stabilized at the level of $ 1, while its total market value stabilized at the level of 55.69 billion dollars, to reap a market share of
While the BNP currency ranked fifth among the largest cryptocurrencies by market value, the currency recorded gains during the past hours by 7.6%, compared to a weekly decline of 2.1%, to settle its price in today's trading at the level of $224.17. Its combined market value also rose to the level of $36.46 billion, with a market share of 3.94%.