Corona virus revives the crypto market

As investors were affected by the wave of fears that accompanied the spread of the deadly Chinese virus, Corona, and turned towards asset and safe havens markets, away from the losses of the stock, bond and currency markets.

According to ArabiaNet, the total value of digital currencies in just two weeks jumped from the level of $ 237.7 billion at the end of transactions last month, to the level of $ 280.3 billion in transactions this morning, winning about $ 42.6 billion, an increase of about 17.92%.

On the level of digital currencies, the currency of the most powerful formation in the digital currency market jumped by 13.45%, winning about 1157 dollars, after its value rose from the level of 8596 dollars at the end of transactions last month, to about 9753 dollars in trading this morning.

And its total market value increased from the level of 156.3 billion dollars to about 177.6 billion dollars, winning about 21.3 billion dollars, an increase of 13.62%. Thus, Takween acquires a market share of 63.36% of the total cryptocurrency market, as well as about 50% of the total gains in the cryptocurrency market during the past two weeks.

Ethereum rose 30.35%, winning about 51 dollars, after its value rose from 168 dollars at the end of last January to about 219 dollars in trading this morning. Its total value also increased from the level of $ 18.3 billion at the end of last month to the level of $ 24.05 billion in transactions this morning, to win about $ 5.75 billion, an increase of about 31.42%.

The XRB currency recorded a gain of 17% after its value rose from the level of $ 0.230 to about $ 0.269, winning about $ 0.039. Also, its total market value rose from the level of $ 10.07 billion at the end of last January to record about $ 11.76 billion in trading this morning, winning about $ 1.69 billion, an increase of 16.78%.

And the currency of the formation of Cache rose by 27.66%, winning about 96 dollars, after its value rose from 347 dollars at the end of last April to about 443 dollars in trading on Tuesday morning. The total market value increased by 28.57%, after winning about $ 1.8 billion, up from the level of $ 6.3 billion to about $ 8.1 billion.

Bitcoin SV coin was able to pull the rug out of all the digital currencies, led by Bitcoin, after it recorded gains of 41.7%, winning about 103 dollars, after its price rose from 274 dollars at the end of last January to about 350 dollars in trading this morning Tuesday << / p>

Its total market value increased by 28.57%, winning about 1.4 billion dollars, after its value rose from 4.9 billion dollars to about 6.3 milliliters ...