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CRYPTOCURRENCY - Bitcoin rises over $57,000 level

The price of Bitcoin bounced back to over the 57,000 dollars level, after hitting the 54,000 dollars line, after the general sale-wave on the Chair of the United States Federal Reserve Jerome Powell's speech on the cryptocurrencies, defining them as "more for speculation" than they are meant to be used as payment.

NEWS IN ENGLISH 30.03.2021, 08:41
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CRYPTOCURRENCY - Bitcoin rises over $57,000 level
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Bitcoin increased by 4.10 percent in the last 24 hours to 57,858.35 dollars, after fluctuating between 55,139.34 and 58,342.10 dollars, while the weekly gain of the currency was calculated at 5.50 percent. Bitcoin's total market volume rose to 1.08 trillion dollars.


Ethereum, the second-largest unit of the crypto currency markets, also rose by 6.49 percent in the last 24 hours to 1,810.79 dollars, while its weekly gain was 6.14 percent; the market volume of the unit also increased to 208.7 billion dollars.


Binance Coin, the third-largest unit of the crypto currency markets, also rose by 2.10 percent in the last 24 hours to 274.82 dollars, while its weekly gain was 5.86 percent; the market volume of the unit also increased to 42.46 billion dollars.


With increasing corporate purchases, the total market capitalisation, which exceeded the 1.5 trillion dollar limit for the first time in history on February 15, was at 1 trillion 825 billion dollars on Tuesday.


While the value of 16 units decreased from the highest volume of 100 units in the last 24 hours in the crypto money markets, two of the top 10 units were among those that fell.


Bitcoin accounted for 59.1 percent and Ethereum for 11.4 percent of the total market volume in 37,034 markets where 8,970 cryptocurrencies were traded, while the 24-hour trading volume in all markets was at 130 billion dollars.
 

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