The slight recovery in Bitcoin, which is considered the ancestor of crypto currencies, caused an increase in the volume in the market.
Bitcoin, the highest volume unit of the cryptocurrency markets, has recovered above $ 55,000 after falling hard for reasons such as the retreat in hash rates and the increase in short positions, which express the computing power of miners. The total volume in all markets, which declined below 2.0 trillion dollars with the sales wave, rose above this level again with the general recovery.
Bitcoin, which fluctuated between $ 53,448.05 and $ 57,062.15 in the last 24 hours, rose 1.85 percent to $ 55,641.85, while the weekly loss of the unit was calculated at 12.83 percent. Bitcoin's total market volume also increased by about $ 16 billion to $ 1.0 trillion 36.16 billion.
Ethereum, the second largest unit of the crypto money markets, increased by 10.25 percent to $ 2,308.01 in the last 24 hours, with a weekly loss of 1.34 percent, and the volume of the unit increased to $ 266.35 billion.
Binance Coin, the third largest unit of the crypto money markets, also rose 21.22 percent in the last 24 hours to $ 590.90, while its weekly earnings were 5.05 percent, and the volume of the unit increased to $ 90.58 billion.
The total volume in all markets rose again to over $ 2.0 trillion with $ 2 trillion 43.31 billion. With the rapid climb after institutional interest in the cryptocurrency markets, the total market volume exceeded the limit of $ 1.0 trillion for the first time on January 7, and $ 1.5 trillion on February 15 and $ 2.0 trillion on April 10.
With the effect of purchases and recovery in the cryptocurrency markets, only eight units of the highest volume of 100 units fell in the last 24 hours, while one of the ones that fell was among the top 10 units.
In 367 markets where a total of 9,405 cryptocurrencies are traded, 50.7 percent of the total market volume was Bitcoin and 13 percent Ethereum. The 24-hour trading volume in all markets was also at the level of $ 215 billion.
"Fox News reporter Charles Gasparino stated that Joe Biden is in preparation for cryptocurrency regulations. In general, there are legal gaps in crypto currency as states are doing research and postponing the issue. Advances have begun to come on the US side as well, expectations do not include concerns about the banning of cryptocurrencies, and no clear date is given for the regulation yet.
Image: xrprightnow.com
The DeCurret exchange is known as one of the most popular Japanese cryptocurrency trading platforms. Popular crypto-fiat exchange has re-added XRP to its platform and started trading. This has been interpreted as a new victory for XRP.
Announced that it is considering adopting Dogecoin (DOGE) on its platform. The addition of the asset will be a great boost to the availability of the cryptocurrency that functions largely as a joke coin.
Cardano's staking metrics emphasize its solid foundations and belief that it can present on the roadmap. Data compiled by the analytics tool CryptoDiffer shows that Cardano (ADA) is a leader in staking. The figures show that users have invested $ 28.95 billion in their platform. With $ 25.43 billion of this, Polkadot (DOT) manages to take the first place.
Image: trendkoin.com
Chicago-based financier Rothschild Investment Corporation made its first investment in ETH, the asset that powers the world's most used blockchain, purchasing more than 265,302 shares of the Grayscale Ethereum Trust (ETHE). "
This article is my personal research on crypto markets and does not contain investment advice. I wish readers profitable investments.
By clicking here, you can access the articles I have previously published on my blogs.
You can specify your questions and criticisms by making a comment .
Please don’t forget to click the follow and like buttons and tip!
You will not only help this blog but you will also ensure that you don’t miss the exciting upcoming posts!
