The cryptocurrency market is now worth billions


Cryptocurrency prices witnessed a notable increase on Monday. The total market capitalization of digital currencies is up by 2.4% during the last 24 hours. 

Bitcoin, the most important cryptocurrency, reached $50,244 per coin on the first day of the week. Presently, BTC’s general market valuation is approximately $926 billion, and the current price is 15% higher than on February 28, when it went down to $43,021.

chart cryptocurrency

Ethereum is the second cryptocurrency by market capitalization, and its coin ether has lost nearly 12% during a seven-day span. But things have changed for this token as well, and it is now purchased for $1,583. ETH rose over 9% on Monday.

Cardano is the third-largest market valuation at the moment. Its token, ADA, is trading for $1.29. This gain isn’t huge, because the digital asset has only increased 1.8%, but it is up 18% throughout the last week and 256% over the last month.

Binance crypto BNB has risen 18%. It is exchanging for $262 per coin, and its market cap amounts to over $39 million.

Tether has passed to fifth place these days. Its token has increased in quantity during the crypto market’s fall, leaving behind BTC’s on March 1, 2021.

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