Bitcoin News

Today’s cryptocurrency prices are as follows: For the first time since May 15, Bitcoin has crossed the $50,000 mark

For the first time since May 15, Bitcoin, the world’s most popular cryptocurrency, surpassed $50,000. At 9:30 a.m., the cryptocurrency was trading at 50,226.52, up over 3% from the previous day’s price.

Bitcoin has a market capitalization of $943 billion and is approaching $1 trillion.

Meanwhile, Ether was trading at $3,340, up more than 3%. The market capitalization of the second-most popular cryptocurrency has risen to $391.57 billion.

After a weekend of optimistic trading, all other major cryptocurrencies climbed on Monday. After increasing 2-12 percent in the region, XRP, Cardano, Dogecoin, Stellar, Polkadot, Uniswap, Chainlink, and Litecoin were trading higher.

Even if there is some consolidation in between, market analysts anticipate that prices will improve over the following several days.

One factor directly connected to the rising value of cryptocurrencies is increased buying by ordinary investors in response to the recent stock market downturn.

However, the cryptocurrency market is known for its tremendous volatility despite the recent increase, and investors should continue with care.

CryptocurrencyPrice (US Dollar)24-hour changeMarket cap (Billion)Volume (24 Hours)
Bitcoin50,307.492.83%$945.49$29.25 billion
Ether3,351.523.54%$392.60$18.15 billion
Dogecoin0.3230251.98%$42.26$2.02 billion
Litecoin189.553.30%$12.96$2.16 billion
XRP1.261.65%$125.50$4.95 billion
Cardano2.8012.11%$90.53$6.89 billion

Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. Crypto is not a legal tender and is subject to market risks. Readers are advised to seek expert advice and read offer document(s) along with related important literature on the subject carefully before making any kind of investment whatsoever. Crypto market predictions are speculative and any investment made shall be at the sole cost and risk of the readers.