
The world’s most popular cryptocurrency, Bitcoin, rose over $43,000- marke. It was up by over 14 per cent at $43,218.
Cryptocurrencies.
Bitcoin’s price rose over 15 per cent as the global cryptocurrency market was trading high. Bitcoin’s gain was the largest in a year after investors saw opportunity for cryptocurrencies even as the ongoing Russia-Ukraine war continues to escalate, according to data on coindesk.
The world’s most popular cryptocurrency, Bitcoin, rose over $43,000- marke. It was up by over 14 per cent at $43,218. The world’s biggest and best-known cryptocurrency, was also up 26.4 per cent from the year’s low of $32,950.72 on January 24.
Bitcoin will have to remain above the 100-day moving average in order to confirm upside targezts. The lower support is witnessed at $37,000. This could stabilize pullbacks into the Asia trading day, according to coindesk.
The second largest cryptocurrency by market capitalization Ethereum rose over 11 per cent at $2,917.
Other major cryptocurrencies were trading in the green. XRP was up by over 7 per cent, Terra rose 23 per cent, Solana gained 11 per cent, Avalanche was up by 19 per cent, Cardano gained over 10 per cent, Polkadot was up by 8 per cent.
Popular alt coins such as Stellar was up by 9 per cent, Dogecoin gained over 7 per cent, Polygon was up by over 9 per cent, Shiba Inu was up by 8 per cent and Chainlink rose by 10 per cent.
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