"Bitcoin" earns $ 1,000 in early trading on Saturday
Most of the encrypted digital currencies rose at the beginning of trading today, Saturday, with the emergence of a buying desire for some traders of those currencies at the low levels they reached after incurring record losses last month.
The “Bitcoin” currency rose today by 1.6 percent, equivalent to $ 1,000, to reach $ 37.7 thousand, after it ended last week with a rise of 6.6 percent, equivalent to $ 3.23 thousand, according to data available on the “Coin MarketCap” website. Bitcoin regained gains after it plunged nearly 40% last month, posting its biggest monthly loss since 2011.
In terms of other cryptocurrencies, during today's trading, the "Ethereum" currency rose by 3.91%, reaching the level of $2.72 thousand. The “Binance Coin” currency rose by 7.4% to reach $405.2. The Ripple currency increased by 2.2%, reaching about $0.962.
While the "Dogecoin" currency jumped by 2.4 percent to reach about $0.37, the "Cardano" currency rose by 1.6 percent, to reach about $1.69.
In this morning's trading, the total market value of cryptocurrencies jumped to about $1.71 trillion, compared to $1.64 trillion 24 hours ago, gaining $70 billion, up 4.26%.
Source:1
