The market value of the cryptocurrency market increased during early trading on Friday morning by 1.36% to reach $2.22 trillion, with a trading volume of about $87.78 billion in the last 24 hours.
If you miss buying Bitcoin, these currencies are likely to rise in 2022
Bitcoin began to rise after the rise in US bond yields and the decline of the dollar, in a new attempt by investors to take advantage of high-risk assets, amid a global trend from central banks towards tightening monetary policies and reducing stimulus packages in the face of inflation, and recorded $ 47,278.54 compared to $ 29 thousand in January of year 2021.
The cryptocurrency was able to impose itself on the global markets and became more widely traded and widespread to the extent that it has turned into a currency to pay the salaries of many employees at the present time.
During 2021, the crypto market was exposed to many obstacles, most notably the Chinese emphasis on mining operations, Indian pressures, as well as the US infrastructure law.
It also received some support from American billionaire Elon Musk, who allowed the purchase of Tesla cars through Bitcoin, as well as the Governor of New York State who requested that he receive his salary in Bitcoin, in addition to a World Bank report that hinted at the need to legalize cryptocurrency markets and not ignore them.
Cryptocurrency rates today
The price of the digital currency Bitcoin BTC rose by 1.10% to reach $47278.54.
The price of Ethereum (ETH) rose 1.58% to $3,733.41.
The price of the Binance coin BNB decreased by 0.19% to reach $514.88.
The price of the cardano ADA coin increased by 0.55% to record $1.33.
XRP jumped 1.01% to $0.8363.
After a runaway rise in 2021… Where are Bitcoin and cryptocurrencies heading next year?
The price of the Polkadot DOT coin also increased by 0.10% to $26.88.
DOGE (Dogecoin) rose 0.64% to $0.171.
The price of the Litecoin (LTC) currency jumped 1.61% to reach $148.37.
The Chainlink LINK coin advanced by 2.34% to $19.99.
Key words
Related topics
These were the details of the news Cryptocurrency prices today..Bitcoin will be deposited in 2021, twice its value for this day. We hope that we have succeeded by giving you the full details and information. To follow all our news, you can subscribe to the alerts system or to one of our different systems to provide you with all that is new.
It is also worth noting that the original news has been published and is available at saudi24news and the editorial team at AlKhaleej Today has confirmed it and it has been modified, and it may have been completely transferred or quoted from it and you can read and follow this news from its main source.
