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.
Here are the latest prices and trends of popular cryptocurrencies:
| Cryptocurrency | Price (US Dollar) | 24-hour change | Market cap (Billion) | Volume (24 Hours) |
| Bitcoin | 50,307.49 | 2.83% | $945.49 | $29.25 billion |
| Ether | 3,351.52 | 3.54% | $392.60 | $18.15 billion |
| Dogecoin | 0.323025 | 1.98% | $42.26 | $2.02 billion |
| Litecoin | 189.55 | 3.30% | $12.96 | $2.16 billion |
| XRP | 1.26 | 1.65% | $125.50 | $4.95 billion |
| Cardano | 2.80 | 12.11% | $90.53 | $6.89 billion |
