In brief
ETH and XRP also up
Disclaimer
The views and opinions expressed by the author are for informational purposes only and do not constitute financial, investment, or other advice.
$93,874.00
2.72%$1,797.20
5.42%$2.22
2.91%$603.18
-0.78%$150.97
4.10%$0.999892
-0.00%$0.179322
3.38%$0.699233
6.54%$0.24728
0.96%$1,795.52
5.20%$93,763.00
2.79%$2.98
21.01%$15.02
8.40%$22.42
3.58%$9.08
0.49%$0.267796
2.77%$3.19
6.01%$0.00001352
1.45%$2,154.32
5.72%$0.180243
1.91%$0.999907
0.00%$359.22
1.12%$83.16
0.01%$4.10
4.64%$18.38
-1.61%$4.50
-0.36%$1.00
-0.01%$1,795.35
5.71%$0.999516
0.09%$0.66229
3.20%$229.10
3.00%$28.61
0.47%$1,913.89
5.70%$93,896.00
2.82%$0.00000882
3.33%$6.03
6.45%$5.35
4.49%$52.20
0.56%$2.50
7.51%$345.35
3.31%$0.923149
3.33%$23.63
0.09%$13.97
56.27%$5.14
4.22%$32.55
-0.88%$16.81
2.76%$1.00
0.00%$166.75
8.41%$1.049
0.16%$0.090264
0.36%$0.095424
2.26%$4.58
2.34%$0.701128
1.79%$0.0259217
4.51%$1.17
0.06%$4.40
3.25%$0.22207
3.16%$93,600.00
2.91%$0.339753
9.46%$2.78
5.52%$0.213788
5.68%$4.23
0.10%$2.80
4.35%$0.510868
3.49%$0.620083
1.79%$0.337173
7.96%$1.00
0.12%$4.13
2.56%$93,191.00
2.20%$10.38
2.98%$0.451867
5.88%$0.762694
5.97%$158.10
4.29%$1,453.19
2.31%$0.07584
1.50%$0.00001523
4.07%$0.772364
-6.16%$0.862935
7.04%$1.10
0.82%$1,796.80
5.60%$1.088
1.42%$0.589782
8.38%$0.01667734
1.82%$72.25
4.34%$1,869.24
5.64%$0.666169
2.03%$3.72
7.06%$0.194698
5.95%$1.00
0.01%$9.54
5.83%$0.09075
3.92%$1.00
0.02%$2,023.25
5.66%$0.651139
-2.46%$0.999896
-0.00%$14.33
-6.35%$1.00
-0.03%$3,303.69
-2.66%$0.01674161
13.03%$602.83
-0.82%$92,516.00
1.71%$3,305.30
-2.66%$166.35
4.19%$194.09
4.22%$0.01699813
4.53%$2.58
1.46%$93,791.00
2.80%$0.02190609
22.16%$0.814913
7.09%$0.296186
3.57%$0.194021
5.53%$1,910.39
5.69%$0.11699
-0.20%$0.683788
3.36%$0.00007023
9.73%$0.997959
0.05%$3.64
-2.86%$0.651054
-0.46%$0.513992
15.64%$0.00000064
1.57%$2.02
2.68%$93,864.00
2.26%$0.999525
-0.02%$0.394751
2.65%$30.77
1.50%$0.31604
3.40%$1.10
-1.10%$0.240676
6.42%$1.80
-0.40%$1,877.17
5.65%$16.91
6.72%$0.536245
2.43%$0.00599843
-2.80%$34.21
7.58%$0.150985
3.39%$0.538211
12.65%$3.29
-2.70%$0.543626
1.18%$0.051485
33.60%$0.998481
-0.11%$0.642304
4.84%$0.75237
16.33%$91,038.00
4.03%$0.520999
5.85%$94,807.00
-0.24%$0.067384
0.62%$0.440948
2.94%$0.00837761
-2.93%$93,903.00
2.87%$2.24
14.43%$1.70
3.63%$0.999891
-0.00%$0.178989
3.38%$1.30
0.82%$1,858.96
4.77%$0.999892
-0.00%$0.174662
44.57%$0.00002186
1.32%$0.149159
7.70%$15.38
3.72%$0.536369
23.84%$110.80
0.01%$1,793.71
5.73%$93,600.00
2.92%$6.01
3.55%$0.00000043
0.25%$6.41
8.57%$0.00661268
8.47%$0.511817
6.44%$1.084
0.03%$1.001
-0.04%$2.51
3.95%$0.078518
5.27%$3.62
0.42%$1,797.38
5.54%$0.04087747
4.82%$1,797.08
5.84%$1,911.18
5.23%$0.222657
2.95%$42.94
3.11%$0.3279
6.83%$1.00
0.01%$0.08098
3.63%$0.00699126
7.68%$1,797.11
5.77%$0.999638
0.03%$21.69
-0.44%$0.176201
1.26%$0.998542
-0.03%$0.00413856
0.84%$0.559961
0.99%$0.00006372
2.60%$0.820738
1.92%$0.01732949
1.15%$0.337857
4.40%$1,840.13
5.96%$1.00
-0.05%$0.99967
-0.01%$0.00000155
12.41%$0.03167522
1.11%$0.331932
6.20%$0.119441
1.11%$2.72
3.71%$0.00435213
48.90%$93,683.00
2.71%$0.663306
9.69%$1.20
6.59%$27.07
5.37%$0.703762
3.50%$113.65
3.90%$1.00
0.03%$0.649533
8.20%$0.238491
3.97%$0.139772
-0.46%$3.58
1.31%$93,498.00
3.60%$1,776.71
5.76%$0.999621
-0.02%$0.275445
3.02%$22.35
3.31%$2.90
3.99%$0.270727
1.68%$3,188.10
0.03%$1,900.09
5.76%$1,797.97
5.60%$0.187806
3.42%$0.111887
2.06%$0.513665
3.88%$0.03703605
1.48%$0.253881
16.13%$1,885.30
2.67%$22.45
3.57%$0.01266236
2.24%$1.05
7.54%$0.441628
2.79%$15.24
5.90%$0.02948121
3.70%$0.72926
2.91%$0.940636
5.63%$1.00
0.02%$0.00271505
-0.08%$1,969.65
5.59%$0.00266907
6.07%$94,076.00
3.19%$1,951.44
5.65%$0.999661
-0.04%$2.22
2.11%$0.00
5.63%The price of Bitcoin has jumped 8% over the past 24 hours to highs of $40,415. The cryptocurrency has increased by 16.21% over the past week.
Bitcoin is now at its highest price since the sudden drop to lows of $31,500 on January 27. That drop followed Bitcoin's all-time high of $41,946 on January 8.
Today’s high price is the continuation of a rally that began at the start of the week. On Monday, the price started picking up from about $33,600.
Bitcoin's 24-hour trading volume today hit $74.3 billion, up by 17.34% from yesterday's $61 billion.
Other cryptocurrencies are also on the rise.
Ethereum's price, $1,687, marks a daily increase of 1.82% and a weekly increase of 25.42%. Yesterday, the coin broke another all-time high of just over $1,720.
XRP reached $0.43 today, an increase of 0.14% over the past 24 hours. The cryptocurrency increased by 44.91% this week.
On 1 February, XRP’s price jumped to highs of $0.75 after 295,000 traders on a “Pump and Hold XRP” Telegram group coordinated to pump the price. But the pump, and the success of it, was short-lived. The membership of the group has dipped to 165,000.
Earlier this week, Bloomberg’s senior commodity strategist Mike McGlone said that Bitcoin has entered a consolidating bull market. He estimated that $50,000 is the “initial target resistance” level.
Disclaimer
The views and opinions expressed by the author are for informational purposes only and do not constitute financial, investment, or other advice.