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.
$67,901.00
2.58%$3,269.76
2.57%$580.32
1.32%$182.51
5.44%$0.999998
-0.11%$0.600521
-0.52%$3,268.12
2.62%$0.133553
5.49%$6.71
1.14%$0.416534
5.19%$0.137379
1.07%$28.67
4.92%$67,890.00
2.69%$0.00001696
2.82%$13.56
4.25%$5.86
1.83%$377.19
3.15%$5.73
5.10%$7.68
4.96%$5.82
-0.72%$71.40
3.08%$0.00001199
3.57%$3,414.53
2.60%$0.513911
2.94%$9.70
-2.32%$0.181748
2.60%$22.90
3.14%$6.98
5.02%$0.999355
-0.02%$1.28
6.28%$0.103065
0.76%$162.13
-1.08%$0.85051
2.28%$1.85
2.89%$4.64
10.10%$6.72
9.41%$2.62
2.30%$351.18
6.96%$25.72
6.76%$41.01
2.21%$2,642.08
-0.44%$0.091518
2.20%$0.068306
2.79%$0.725601
3.47%$6.16
3.75%$1.54
5.40%$0.02857913
3.85%$31.03
2.67%$0.998907
-0.28%$0.00002867
4.52%$0.784821
4.39%$1.73
1.64%$0.20038
5.33%$3,661.12
2.69%$3,319.51
2.70%$0.00018008
1.91%$3,403.24
2.95%$1.14
2.98%$4.67
3.76%$1.51
7.16%$0.01427052
3.90%$10.10
0.00%$1.076
10.84%$97.42
4.11%$1.002
4.43%$0.392645
3.50%$1.57
2.37%$0.0288052
3.04%$0.132067
8.87%$0.461336
5.64%$1.37
2.65%$6.00
4.49%$0.371418
3.60%$0.14282
3.91%$3,270.39
2.81%$73.13
1.05%$0.675403
6.25%$1.19
-0.69%$7.59
1.20%$220.12
5.81%$9.70
2.43%$0.943813
13.16%$0.01837344
7.31%$33.50
2.91%$6.08
6.34%$5.30
-0.17%$44.88
4.88%$26.88
1.45%$0.02376627
5.24%$0.577434
3.42%$0.01930109
1.84%$0.00000087
4.34%$10.42
2.76%$11.71
4.96%$3,328.69
2.66%$39.03
9.38%$3.31
5.99%$0.463133
7.84%$1.30
5.18%$0.777674
4.04%$0.328902
6.78%$0.176566
19.39%$2.33
-0.58%$1.001
-0.17%$2.07
3.44%$2.36
10.79%$0.538175
5.16%$0.00003534
4.39%$0.00786441
3.29%$0.00000033
5.29%$1.21
2.55%$3,527.57
2.70%$0.996969
-0.16%$0.3429
6.59%$2.40
8.92%$0.070263
4.76%$3,271.10
2.91%$3.91
4.94%$0.00000168
-1.81%$1.00
-0.04%$0.523815
5.34%$0.088425
3.71%$0.00860483
7.03%$0.161248
3.03%$2,386.21
0.68%$0.5294
10.36%$1.74
2.98%$214.55
-2.17%$0.16496
4.08%$0.0124125
3.03%$9.53
2.31%$3,477.58
2.75%$0.143888
3.16%$0.789672
5.28%$0.075166
3.91%$4.77
2.92%$0.29097
3.78%$0.931503
13.94%$15.06
4.59%$3,568.63
2.58%$0.677233
2.99%$1.00
-0.14%$1.16
-0.29%$32.46
6.72%$0.03124532
0.73%$0.00008549
4.27%$0.370436
2.29%$1.98
2.47%$0.068978
3.81%$0.41982
6.91%$67.89
-3.33%$0.524625
12.68%$25.59
2.83%$2,385.63
0.48%$1.025
3.07%$0.00000043
0.46%$0.0448392
1.19%$0.00419356
2.83%$1.022
-0.24%$0.080992
5.13%$0.00596424
4.95%$0.996711
-0.22%$3.26
21.82%$0.481973
2.58%$0.053986
0.68%$3.97
1.07%$3.25
-10.97%$0.19831
4.32%$3,383.45
2.43%$2.19
6.66%$0.972531
6.55%$0.778881
-1.99%$0.782245
11.43%$1.45
5.78%$51.27
2.39%$65.71
2.63%$0.01547489
3.81%$0.189642
19.48%$0.152331
6.72%$0.551379
5.11%$0.344046
5.71%$16.36
3.40%$0.188469
4.43%$0.391725
11.33%$1.72
7.59%$21.62
4.54%$8.19
0.52%$0.486995
2.79%$0.600054
7.16%$0.190802
-3.93%$0.01723958
5.08%$27.01
4.57%$0.04809342
-1.86%$0.138426
5.87%$0.0009244
-2.95%$7.42
2.72%$6.83
17.08%$0.266377
5.01%$0.189118
4.66%$0.03085452
5.68%$0.00534357
5.55%$0.566961
5.30%$0.00170838
3.25%$2.56
7.21%$0.02872361
5.77%$0.741438
9.83%$1,363.17
3.22%$1.30
5.10%$0.02964137
2.28%$0.2712
5.80%$1.99
-0.07%$3,429.58
2.42%$0.19313
5.09%$68,029.00
3.03%$0.395806
3.25%$0.416358
5.73%$0.629531
31.17%$2.98
11.30%$29.45
2.25%$0.01543237
1.51%$0.073864
3.18%$49.02
8.35%$2.56
4.51%$2.59
4.46%$0.00529529
5.87%$0.01907242
2.81%$71.67
7.61%$0.02124107
2.61%$0.306647
6.95%$0.04855031
5.80%$3.80
2.97%$0.697046
3.17%$0.998877
-0.44%$2.10
16.61%$0.00431702
3.50%$3,417.00
2.69%$0.485693
2.53%$33.25
4.94%$0.02942538
4.11%$2.37
3.96%$0.278098
-0.82%$2.82
-1.45%$2.76
9.07%$0.554916
6.14%$0.02323648
5.51%$0.00070679
0.61%$1.56
17.53%$1.049
-0.15%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.