Recently, there has been an important development regarding the crypto money markets, which has made its investor smile slightly. Bitcoin, the largest cryptocurrency that dominates the market on its own, has once again exceeded the $50,000 level, which is seen as the critical threshold for many. It is believed that the ability of Bitcoin to hold at $ 50 thousand can lead to much larger rises.
The fact that Bitcoin exceeded the $ 50,000 level did not only affect this cryptocurrency. All of the most popular cryptocurrencies in the market have also turned their heads upwards with this rise. A large part of cryptocurrencies, from Ethereum to Dogecoin, have started to show an upward trend in the last 24-hour period and in the last 1-week period.
Here is the latest situation in the 10 most popular cryptocurrencies
As of 16:55, Bitcoin is trading at $ 50 thousand 156 levels. Ethereum, on the other hand, rose 2.54% to reach $3,457. Binance Coin is trading at $440.26, Cardona at $2.22, Solana at $168.99, Ripple at $1.07, Dogecoin at $0.24 and Polkadot at $31.42. According to these data, the cryptocurrency with the highest rise in the last 24 hours was Dogecoin with a 5.05% increase in value.
One of the main reasons for the rise was the entry of money into the market. The market volume, which increased in parallel with the latest rise, rose to 2.1 trillion dollars. However, it should be noted that this is not a record. Because the crypto money markets had exceeded 2 trillion dollars before, but shrank with the money outflows.
This content is not investment advice.
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