Cryptocurrencies, led by Bitcoin, continue to achieve huge gains, which came after significant losses as a result of the restrictions taken by China through the measures announced by the People’s Bank of China, where it decided to take strict measures against the illegal activities of cryptocurrency trading, and by cracking down on exchanges abroad.
According to Arabiya Net, in terms of trading, and during the past 48 hours, the total market value of cryptocurrencies increased by 8.6%, profiting about $192.5 billion, after the value of cryptocurrencies rose by 8.6%. The combined market value from the level of 1939.5 billion dollars to the level of 2132 billion dollars in today's trading.
For Bitcoin, it recorded a gain during the past 48 hours by 8.6%, with an increase during the last week's trading by 13.4%, as its price rose from the level of $44,110 to About 47,920 dollars in today's trading, with a profit of about 3,810 dollars.
The total market value also rose by 8.8%, gaining about $73.6 billion, after the total value of the currency rose from the level of $828.6 billion to about $902.2 billion at the present time. . With this figure, Bitcoin accounts for about 38.2 percent of the total market gains.
The Ethereum currency, which ranked second in the list of the largest cryptocurrencies by market value, recorded gains during the past hours by 3.8%, compared to a weekly gain of 19.3%. To be traded in today's trading at the level of 3399 dollars. Its total market value also rose to the level of $400.6 billion.
While Cardano ranked third among the largest cryptocurrencies in terms of market capitalization, the currency recorded gains during the last week's trading by 0.5% compared to an increase of 2.6% During the past hours, the price of the currency settled at the level of $2.26. It also recorded a total market value of about 72.4 billion dollars.
Binance Coin, which ranked fourth among the top 10 digital currencies by market capitalization, recorded 25.5% gains during the last week's trading, compared to an increase during the past hours. By 3.9%, its price settled in today's trading at the level of 429 dollars. Its combined market value also rose to the level of $72.28 billion.
The Teezer currency came in fifth place, after the price of the currency stabilized at the level of one dollar. It also recorded a total market value of about 68.04 billion dollars.
