Cryptocurrencies managed to achieve significant gains, amounting to about 102 billion dollars, during the last 24 hours of trading.
According to Arabiya Net, these gains were supported by Bitcoin's profits, which continue to climb towards the $32,000 level.
Investors' fears about cryptocurrencies dissipated after the Terra Luna crash crisis, and Bitcoin returned to lead the crypto market again, especially after Russia's dependence on cryptocurrencies To circumvent European and US sanctions.
In terms of trading, and during the last 24 hours of trading, the combined market value of cryptocurrencies increased by 8.4%, gaining about $ 102 billion, after the total market value increased From the level of 1210 billion dollars in trading yesterday morning, to about 1312 billion dollars in today's trading.
At the top of the winning digital currencies came the bitcoin, where the currency recorded during the past hours a rise of 1.1%, compared to a weekly increase of 7.7% to be traded in transactions. Today, it is at $31906, while its combined market value has risen to $607.4 billion.
The Ethereum currency, which ranked second in the list of the largest cryptocurrencies by market value, recorded losses during the past hours by 2%, compared to a weekly decline of 1.3% To be traded in today's trading at the level of 1947 dollars, while its combined market value fell to the level of 235.4 billion dollars.
Tezer coin ranked third among the largest digital currencies, and while its price stabilized at the level of $1, its combined market value rose to about $72.48 billion.
The USD currency came in fifth place, and its price stabilized at the level of $1, and the combined market value stabilized at the level of $53.97 billion.
While BNB ranked fifth among the largest cryptocurrencies by market capitalization, the currency recorded gains during the past hours by 1%, compared to a weekly decline of 1%. By 2.4%, its price settled in today’s trading at the level of $ 322.82.
The combined market capitalization rose to $52.6 billion.
