The market value of “Bitcoin” gained more than 53 billion dollars in 24 hours
Positive performance dominated cryptocurrencies during trading today, Saturday, to reap more record gains, amid the return of “Bitcoin” to rise above the level of 41 thousand dollars, after the CEO of the American “Micro-Strategy” company, Michael Saylor, revealed that his company will move forward with owning more The origins of those digital currencies.
According to data from the CoinMarketCap website, which specializes in monitoring the performance of digital currencies, the bitcoin currency jumped by about $ 2.8 thousand, equivalent to 7.2%, in conjunction with the return of the appetite of investors to seize opportunities and own this cryptocurrency.
During today's trading, the price of "Bitcoin" rose to $41.62, its highest level in more than two months. At the same time, the total market value of the "Bitcoin" currency rose to the level of 782.3 billion dollars, from 729.1 billion dollars, gaining about 53.2 billion dollars.
In terms of other cryptocurrencies, during today's trading, the "Ethereum" currency rose by 4.4%, reaching the level of $2.46 thousand. The “Binance Coin” currency increased by 4.4% to reach about $324.16.
Dogecoin rose by 4.7%, to about $0.21. The Cardano currency increased by 3.9%, reaching about $1.31. The Ripple currency rose by 3.6% to reach $0.752.
In this morning's trading, the total market value of digital currencies jumped to about 1.624 trillion dollars, compared to 1.533 trillion dollars, winning about 91 billion dollars.
The cryptocurrency market is in a state of recovery with the launch of Providence Corporation, a Maryland-based company in the United States, the first publicly available mutual fund linked to the value of the largest cryptocurrency, "Bitcoin". The fund will invest in Bitcoin futures and aims to achieve the results of tracking the price of the digital currency.
The market was also supported by the announcement of the global company, MasterCard, which specializes in global payments, that it seeks to facilitate the process of buying, spending and retaining cryptocurrencies for its customers.
According to reports from international agencies, the rise in these currencies during the day and the week as a whole is also due to optimism that major entities will soon announce the acceptance of payment in these cryptocurrencies, as Twitter announced its intention to invest in cryptocurrencies, in addition to the statement of American billionaire Elon Musk regarding the return of his company, Tesla, the electric car giant, to use Those currencies as a means of payment.
It is noteworthy that these cryptocurrencies received a severe blow at the beginning of last week after the American technology giant Amazon denied accepting payments in these currencies
It is also noted that the virtual currency market is still not unanimous, as many central bank rulers in the world, such as Andrew Bailey in the United Kingdom, have ruled out the idea of considering the formation of a separate currency in itself or even considering it as “digital gold” that contributes to preserving wealth.
