Bitcoin rose along with other cryptocurrencies and the rest of the exchanges. BTC price increased from $ 37,300 to $ 41,913. At the time of writing, BTC sits above $41,000. With the last upward movement, BTC increased by about 5 thousand dollars.
- Bitcoin is trading above $41,000 today.
- The leading cryptocurrency has been trading in the $30,000 range for almost two weeks.
- Other cryptocurrencies, stocks and commodities are also having a strong day.
Bitcoin broke $41,000, up about 10% on the day. Other cryptocurrencies and asset classes are showing strength today as well. As Kriptokoin.com, we have compiled the details for you, let’s examine the subject together…
Bitcoin price broke 41 thousand dollars!
Bitcoin climbed above $41,000 and is still sitting above that level at press time. Bitcoin is trading at $41,450 at press time, according to CoinGecko. BTC has not reached its current levels for two weeks. Bitcoin’s gains, which account for more than 41% of the total $1.9 trillion cryptocurrency market cap, surpassed 10% today, despite a drop of over 42% since its all-time high of nearly $69,000 on November 10 last year. . Other notable Tier 1 cryptocurrencies such as Ethereum and Solana are also bullish today.
The total cryptocurrency market cap has gained nearly $100 billion in the last 24 hours. This comes after $1.4 trillion in market cap has been wiped out since last November. Other asset classes are also showing strength today. The crypto market, as well as the bearish United States stock market this year, rebounded slightly today, followed by the tech-heavy Nasdaq gaining around 0.75% (though still down 10% so far this year).
Cryptocurrencies-related stocks are also rising!
Commodities such as oil and gold are also seeing a price increase today, with the former reaching their highest prices since 2014. Cryptocurrencies-related stocks rallied today after suffering severely during the broader price drops over the past weeks. For example; Coinbase stock is up about 6%, Block is up over 4%, and MicroStrategy is up over 11%.
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