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CRYPTOCURRENCY - Bitcoin rises over $58,000 level

The price of Bitcoin bounced back to over the 58,000 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. The leading crypto currency hit the all-time high level of 61,683.86 dollars on March 13.

NEWS IN ENGLISH 31.03.2021, 08:24
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CRYPTOCURRENCY - Bitcoin rises over $58,000 level
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Bitcoin increased by 2.57 percent in the last 24 hours to 58,870.80 dollars, after fluctuating between 57,540.68 and 59,447.22 dollars, while the weekly gain of the currency was calculated at 7.31 percent. Bitcoin's total market volume rose to 1.0 trillion 99.3 billion dollars.


Ethereum, the second-largest unit of the crypto currency markets, also rose by 1.37 percent in the last 24 hours to 1,826.78 dollars, while its weekly gain was 8.07 percent; the market volume of the unit also increased to 210.61 billion dollars.


Binance Coin, the third-largest unit of the crypto currency markets, also rose by 10.90 percent in the last 24 hours to 302.87 dollars, while its weekly gain was 18.12 percent; the market volume of the unit also increased to 46.89 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 854 billion dollars on Wednesday.


While the value of 54 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 59.2 percent and Ethereum for 11.3 percent of the total market volume in 37,137 markets where 9.035 cryptocurrencies were traded, while the 24-hour trading volume in all markets was at 128 billion dollars.

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