Bitcoin, the locomotive of the crypto money market, started to attack again after a deep silence. The digital currency, which dominates more than 65 percent of the market, rose 17.90 percent in the last 24 hours and rose to $9,318.
Bitcoin, the world’s most traded cryptocurrency, was on the decline after rising to an all-time high of $ 20,089 on December 17, 2017. Bitcoin, which fell to $3,800 for a period, threw the dead soil on it with a rapid recovery.
Continuing to rise, the cryptocurrency gained 17.90 percent in the last 24 hours, reaching $9,318. Reaching over $171 billion of market shares, Bitcoin currently controls 65.7 percent of the market, according to CoinMarketCap data. If the cryptocurrency continues to rise and manages to surpass $10,300, we will be talking about the highest price recorded for Bitcoin since September 2019.
Bitcoin rose 17.90 percent in the last 24 hours, up to $9,318
Almost all of the cryptocurrency market led by Bitcoin is on the rise. So much so that in the last 24 hours, only one of the top 50 cryptocurrencies has lost value. It is Synthetix Network Token, with 0.46 percent.
Looking at the top 10, Bitcoin was followed by Ethereum, which ranks second, to $224.51, up 10.26 percent in the last 24 hours, to $0.233192, up by 8.28 percent of XPR in the third row, and 0.11 percent of Tether in the fourth row. we see that the increase was $1.00, and the fifth-ranked Bitcoin Cash rose by 11 percent to $271.94.
Performance of the top 10 cryptocurrencies in the last 24 hours
As I mentioned above, Bitcoin represents 65.7 percent of the $ 260 billion cryptocurrency market. Despite being quite far from its old days, surprisingly rising up to $ 9,300, the cryptocurrency managed to make its investor smile again. Of course, it is difficult to predict how long this happiness will last.
Bitcoin, which has gained over 35 percent in the past month, now wants to exceed the $ 10,000 threshold once again. While some analysts take this for granted, some are talking about the possibility of a retreat in the coming weeks.