After gradually increasing over the weekend, cryptocurrency prices rose marginally on Monday. Since last week, most cryptocurrencies, including Bitcoin, have continued a bullish trend.
At 2:10 p.m., Bitcoin, the world’s most popular cryptocurrency, was strong at nearly $47,200, up 2.93%. Bitcoin’s market capitalization has climbed to $887 billion after gaining roughly 8% in the last seven days.
Ether has also increased by almost 3%, and it is now worth approximately $3,300. In the last seven days, the value of the second-most popular cryptocurrency has grown by over 11%, bringing its market capitalization to $384 billion.
Cardano, XRP, Dogecoin, Polkadot, Uniswap, Chainlink, Luna, Solana, and Litecoin have all seen steady increases in their values.
“Over the last 24 hours, we observed the markets finding support,” Edul Patel, CEO and Co-founder of Mudrex, a worldwide algorithm-based crypto trading platform, said of the continuous climb in values.
“Bitcoin, the most valuable cryptocurrency by market capitalization, looks to be holding steady at $48,000. The tiny candle body conveys a sense of well-being. Ether, the second-largest cryptocurrency, mirrored a similar trend. “Altcoins may make greater swings since the major cryptos are stable,” he continued.
Here are the latest prices and trends of popular cryptocurrencies:
|Cryptocurrency||Price (US Dollar)||24-hour change||Market cap (Billion)||Volume (24 Hours)|