Bitcoin crosses $17,000 for the first time in two weeks
Cryptocurrency prices rose at the beginning of today’s trading, Thursday, December 1, 2022, after the anxiety in global markets due to the protests in China against Covid restrictions ended.
The market value of encrypted digital currencies reached $858.92 billion, and the volume of transactions in the crypto market during the last 24 hours amounted to about $46.83 billion.
Today, Thursday, December 1, 2022, the price of bitcoin rose by 1.22%, to reach $17,097.1 for the first time in two weeks, and its market value reached $328.69 billion, and the trading volume on the world’s most famous cryptocurrency reached $25.65 billion.
The price of bitcoin rose by about 3.13% on the week’s level, and despite this, bitcoin’s losses widened within a year, exceeding one trillion dollars, compared to its historical peak, when it jumped to levels of $69.7 thousand, with a market value close to $1.3 trillion.
The price of Ethereum ETH increased by 0.84% to $1,278.93, while the price of Binance coin BNB decreased by 0.94% to record $297.58, and the price of the XRP currency fell by 1.02% to $0.39823.
Cardano rose by 0.26% to $0.3156, while Dogecoin’s profits shrank by 2.23% to $0.103492, and USDT’s price reached $1.0000.