Bitcoin Reaches $62K Mark and Polygon (MATIC) Sees 12% Surge in Daily Trading
In the past 12 hours, there has been a notable surge in the value of Bitcoin, reaching a weekly high of just under $62,000. Although there was a minor retreat, the current price of Bitcoin stands at approximately $61,000, with a market capitalization exceeding $1.2 trillion and a dominance of 53.6% over other alternative coins.
Additionally, leading alternative coins such as Ethereum (ETH), XRP, SOL, AVAX, DOGE, and DOT have also experienced increases in their value, with some showing gains of up to 4%. In particular, LINK has seen a surge of 10%, UNI by 7.5%, and MATIC by 11%, resulting in Polygon’s native token exceeding $0.5 in value.
Furthermore, FTM, BTT, BEAM, and RENDER have all seen significant increases in their value, with surges ranging from 12% to 15%. Consequently, the total cryptocurrency market capitalization has increased by over $50 billion since the previous day, now totaling at $2.250 trillion.
As the cryptocurrency market continues to display volatility, experts advise conducting thorough research before making any investment decisions. It is essential to thoroughly analyze the risks associated with trading or investing in cryptocurrencies.
Post Comment