Cryptocurrency Prices Today: Bitcoin is up over $ 47,000 as the buying momentum increases

Bitcoin surged to over $ 47,000 after an improvement in buying momentum. Bitcoin’s rise was followed closely by most of the other altcoins, including ether. Check out the latest cryptocurrency prices and trends.

Bitcoin’s value has surged to over $ 47,000 after buying sentiment improved. (Photo: Reuters)

Cryptocurrency prices have improved in the past 24 hours as buying momentum increased as investor sentiment improved. The values ​​of most cryptocurrencies have recovered after a period of volatility.

Bitcoin, the world’s largest cryptocurrency, topped $ 47,000, or 2.95 percent, more than 12:50 p.m. 24 hours ago. Bitcoin’s market cap jumped to $ 885 billion and its 24-hour trading volume remained stable at $ 1.03 billion.

The largest altcoin, Ether, also rose 2.41 percent compared to its value 24 hours ago. It traded at nearly $ 3,400 and its market cap rose to $ 397.41 billion. However, the 24-hour trading volume was lower at $ 793 million.

Cryptocurrency Highlights | Check yesterday’s prices

The majority of altcoins have continued to improve in the past 24 hours and only a few like Cardano and Polkadot have struggled to gain traction.

Commenting on the broad-based recovery, Edul Patel, CEO and co-founder of Mudrex, a global algorithm-based cryptocurrency trading platform, “We are seeing solid buying momentum in the cryptocurrency markets.”

“After some time of consolidation, the markets are now approaching their daily highs. Bitcoin crossed the $ 47,000 mark before retreating, ”he added.

“The largest altcoin, Ethereum, has passed the $ 3,400 mark. The star performers of the day were Uniswap and Chainlink. Both tokens were under a strong bearish dominance for a long time. “

Here are the latest prices and trends for popular cryptocurrencies:

Cryptocurrency

Price (US dollars)

24 hour change

Market Capitalization (Billion)

Volume (24 hours)

Bitcoin

47,145.80

3.19%

$ 887.10

$ 1.03 billion

ether

3,396.93

2.61%

$ 398.23

$ 793.31 million

Dogecoin

0.240800

1.57%

$ 31.58

$ 844.12 million

Litecoin

181.69

1.43%

$ 12.45

$ 98.92 million

XRP

1.09

0.92%

$ 108.97

$ 3.39 billion

Cardano

2.39

-0.88%

$ 77.18

$ 292.40 million

DISCLAIMER: Cryptocurrency prices were updated at 1:10 p.m. and will change throughout the day. The list is intended to give a rough overview of popular cryptocurrency trends and is updated daily.

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