CRYPTOCURRENCY - Market cap. rises over $1.0 trillion

NEWS IN ENGLISH

With increasing corporate purchases, the total market capitalisation, which exceeded the 1.0 trillion dollar limit for the first time in history on January 7, rose over the 1.0 trillion-dollar level once more in early trading on Monday.


The price of Bitcoin bounced back to 33,000 dollars level on early Monday, following the cryptocurrency's fluctuating between 32,270 and 34,118 dollars. 


Bitcoin decreased by 1.33 percent in the last 24 hours to 33,572.06 dollars, while the weekly loss of the currency was calculated at 0.29 percent. Bitcoin's total market volume was at 624 billion dollars.


While the value of 73 units decreased from the highest volume of 100 units in the last 24 hours in the crypto money markets, nine of the top 10 units were among those that fell. Bitcoin accounted for 62.3 percent of the total market volume in 32,631 markets where 8,364 cryptocurrencies were traded, while the 24-hour trading volume in all markets was at 145 billion dollars. 


Dogecoin started at the 14th row in the ranking, after surging by more than 812 percent on Thursday to about 0.07 per coin, giving the meme-based cryptocurrency a market value of about 9.39 billion dollars. Dogecoin, which was started as a joke in 2013, is now the 10th most valuable cryptocurrency by market value, just behind Bitcoin Cash and ahead of BNB.
 

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