- Bitcoin surpassed the $71,000 worth stage and reached a day by day excessive of $71,475.
- Ethereum additionally surged by 5% and reclaimed the $2,600 worth stage.
- DOGE elevated by 14.87% whereas MOG additionally elevated by 15%.
Bitcoin (BTC) has surpassed the $71,000 worth stage and is closing in on its all-time excessive of $73,750. The cryptocurrency faces sturdy resistance above $70,000.
Based on CoinMarketCap, Bitcoin is buying and selling at $71,355.40, up 5.17% over the previous 24 hours, and is 3.38% off its all-time excessive. The digital asset fell to a day by day low of $67,535.13 earlier than hitting a excessive of $71,475.47. Bitcoin is up 5.80% over the previous seven days and eight.41% over the previous 30 days.
Bitcoin's market cap additionally reached a monumental $1.4 trillion as BTC buying and selling quantity elevated by 148.05% to $44.66 billion. Moreover, the value of BTC has elevated by 109.58% since October final yr.
Efficiency of Ethereum and Meme Coin
Ethereum (ETH), Bitcoin's closest rival, can be up greater than 5% over the previous day and is buying and selling at $2,614.34 on the time of writing, down 46.54% from to its all-time excessive of $4,891.70 seen throughout the earlier bull run in 2021.
Meme cash rose massively over the previous 24 hours, with trade chief Dogecoin (DOGE) up 14.86% to $0.1663. DOGE reached a market cap of $24.36 billion whereas outperforming rival Shiba Inu (SHIB), which surged 7.78% to $0.00001843 throughout the identical interval.
Additionally learn: AI Memecoins gaining floor: GOAT, TURBO and KOKO analyzed
Pepe (PEPE), dogwifhat (WIF) and Popcat (POPCAT) elevated by 6.20%, 5.32% and 11.71% respectively. They’re buying and selling at $0.059557, $2.57, and $1.65, respectively.
One other meme coin value mentioning is Mog Coin (MOG), which is up 15% to $0.051938 within the final 24 hours and is simply down 20.19% from its all-time excessive of $0.052445 seen in July this yr.
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