The world’s most popular cryptocurrency, Bitcoin, maintained its upward growth as it rose for the seventh consecutive day.
Bitcoin and cryptocurrency are making good gains.
Bitcoin and other major cryptocurrencies continue to make gains as the global crypto market is trading in green.
The world’s most popular cryptocurrency, Bitcoin, maintained its upward growth as it rose for the seventh consecutive day. The second largest cryptocurrency, Ethereum, also witnessed a spike.
The largest cryptocurrency by market capitalization, Bitcoin crossed $47,000-mark. Bitcoin gained 1.57 per cent to $47,670.
Ethereum was up by 2.96 per cent to $3,418.
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XRP was up by 1.64 per cent, Terra gained 10.55 per cent, Solana gained 0.84 per cent, Cardano was up by 2.74 per cent, and Avalanche was up by 3.10 per cent.
Dogecoin was down by 1.77 per cent and Shiba Inu was up by over 6 per cent.
“Bitcoin continued on the winning streak for another consecutive day, trading above the US$47,000 level reversing the three-month-long downward trend. BTC buyers are actively trading over the weekend as momentum signals a positive trend. BTC’s dominance is currently 42% in the market, while the resistance holds between US$48,000 and US$51,000,” Edul Patel, CEO and Co-founder, Mudrex said.
“The second-largest cryptocurrency, Ethereum, rose to US$3,300 levels. Most altcoins are running in green, while Waves has gained nearly 49% growth over the previous day,” Patel said.