Cryptocurrency market again exceeds $ 1 trillion with strong rise in bitcoin and ether

Charlie Taylor


As bitcoin and ether post gains, the rest of the market is also positive and the market capitalization of all cryptocurrencies is back above $1 trillion for the first time since June 13. After weeks of frustration for investors, bitcoin ( BTC) soared to a monthly high of $22,430 on Monday morning, bringing some relief after a drastic price drop recently. at $22,118, bitcoin is still up 3.2% in the last 24 hours and 8.1% in the last seven days, according to data from CoinMarketCap. growing volumes traded, which rose 16.3% in the last day and exceeded $33.6 billion. Ether (ETH), whose network is expected to migrate from a proof of work (or PoW) blockchain ) to a proof of stake (or PoS) network in September, re has increased by 8.% in the last 24 hours. After reaching a daily high of $1,486, ether is priced at $1,475 at the moment — a price that has not been recorded since June 12. Ether, which now close to the psychological level of $1,500, it is also posting an impressive weekly increase of 29.2% over the last week. Other assets that have performed very well include polygon (MATIC), which is up 16.7%, and — surprisingly — ethereum classic (ETC), which is up 19% in the last 24 hours. Avalanche (AVAX) is up 10.2%; and polkadot (DOT) rose 5.7%.*Translated by Daniela Pereira do Nascimento with permission from Decrypt.co.Want to invest in digital assets but don’t know where to start? Bitcoin Market offers the best and safest trading experience for anyone taking their first steps in the digital economy. Meet the MB!\r\n window.uolads.push({id: \”banner-970×250-area-1\” });\r\n \r\n

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