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.
$97,087.00
-0.43%$2,663.19
0.36%$2.47
1.52%$199.43
-2.67%$635.29
5.25%$0.999996
-0.00%$0.259056
3.05%$0.791536
12.45%$2,660.77
0.35%$0.2452
3.16%$96,984.00
-0.19%$19.19
2.50%$26.26
2.78%$3.49
6.53%$3,174.34
-0.11%$0.33277
5.67%$127.03
7.40%$3.79
-0.16%$0.00001585
-0.10%$0.237351
0.16%$9.80
-0.78%$1.00
-0.09%$24.31
1.91%$2,660.29
0.34%$6.40
-0.63%$5.00
3.07%$337.91
2.42%$1.001
0.19%$9.77
5.67%$6.06
-0.84%$2,817.72
0.52%$1.41
4.36%$0.00000999
3.63%$222.42
0.33%$27.68
0.66%$3.34
3.27%$251.31
0.50%$1.039
1.77%$424.32
8.53%$7.24
2.11%$5.97
-5.14%$1.037
0.03%$20.86
1.27%$15.71
-2.46%$51.45
6.83%$22.05
1.84%$0.03424012
2.65%$0.31566
2.50%$0.101792
12.03%$0.094661
1.45%$0.298664
3.26%$97,119.00
-0.20%$4.62
4.41%$28.36
1.34%$0.837372
-1.18%$3.42
0.32%$4.81
0.67%$0.790583
1.20%$0.472279
1.93%$0.999521
0.16%$96,988.00
-0.59%$3.35
3.67%$3.94
-0.04%$2,664.26
0.50%$206.10
-2.85%$5.48
7.48%$2,755.31
0.36%$12.17
0.22%$1.09
-0.49%$0.462157
9.67%$96,862.00
-0.49%$0.964248
-1.43%$14.73
1.61%$0.461682
-5.92%$0.824615
0.14%$1.60
4.85%$0.090688
-0.41%$1.41
2.49%$0.00001792
0.96%$0.143093
3.32%$92.08
3.44%$2,987.57
0.69%$1.33
-0.81%$0.545085
-2.87%$1.27
-0.90%$2,811.95
0.31%$0.02139517
1.78%$0.998414
0.13%$0.02320924
1.21%$19.52
1.14%$0.235081
1.04%$96,123.00
-0.54%$0.0236612
4.23%$252.59
-2.39%$0.398528
1.35%$0.634719
-0.65%$0.00009572
0.33%$1.42
13.83%$0.879779
-0.56%$0.243403
5.00%$0.00000088
0.87%$25.78
0.31%$2,753.59
0.40%$19,042.90
4.41%$0.516684
1.61%$965.35
0.41%$216.10
-2.45%$39.96
1.24%$0.134383
1.70%$11.16
2.62%$96,895.00
-0.22%$635.58
5.54%$2.60
-0.05%$1.001
-0.18%$0.203268
0.89%$0.56252
6.17%$1.16
4.45%$2,899.85
-0.29%$0.754269
11.30%$3.95
18.07%$0.02142283
-12.17%$4.32
0.83%$0.259352
3.33%$2,813.56
0.42%$0.01035431
-0.08%$23.29
3.94%$0.593484
36.67%$0.644574
-3.09%$0.246433
1.07%$0.997267
0.01%$0.82112
0.12%$1.00
-0.12%$0.333221
2.30%$9.44
3.46%$0.617853
-2.81%$2,663.11
0.39%$2,923.70
-0.14%$2,658.80
0.36%$3.59
7.30%$5.46
-0.49%$0.506758
24.64%$1.00
-0.03%$0.116377
1.81%$0.31587
2.84%$1.95
16.04%$93,641.00
-0.53%$2,661.60
0.36%$0.05959
0.27%$1.001
-0.04%$0.764559
1.45%$0.00613707
-9.52%$0.00705874
2.12%$0.01028746
-0.38%$33.78
3.50%$0.076969
-0.08%$28.39
3.73%$0.00002643
0.71%$0.724636
2.88%$58.37
10.75%$0.515057
5.98%$0.545455
2.59%$0.472154
-0.03%$0.177645
0.96%$0.00899467
1.01%$97,153.00
-0.28%$0.996483
-0.04%$1.98
1.00%$1.39
-0.94%$96,891.00
-1.14%$0.192697
0.83%$0.00567108
-1.64%$176.67
-0.03%$0.00000046
3.02%$96,849.00
-0.46%$85.14
-0.14%$0.04473217
-3.19%$0.01006437
4.79%$1.96
-6.93%$0.473807
7.67%$0.353284
0.24%$2,619.39
0.36%$1.00
0.21%$7.57
5.90%$2,658.41
0.21%$25.06
-0.76%$1.005
1.64%$1.74
0.99%$1.077
0.00%$0.00007355
4.12%$0.406664
0.03%$2,902.90
0.63%$0.107654
-3.16%$0.921992
1.93%$1.077
0.71%$2,661.91
0.53%$0.263326
0.13%$1.51
-1.19%$0.00124385
17.19%$4.61
5.89%$96,849.00
-0.39%$0.851287
3.72%$2,797.07
0.25%$2,661.33
0.77%$0.00479224
10.33%$0.051115
-5.73%$2,879.61
0.76%$3.30
16.61%$0.00405282
-1.57%$0.00000089
0.43%$6.18
24.19%$0.763585
1.52%$0.03455473
2.33%$0.03550535
-0.66%$0.995963
2.36%$0.337117
52.26%$27.71
4.06%$0.739191
8.87%$1,949.86
-0.27%$0.661786
4.76%$20.27
5.78%$3.42
0.59%$1.003
0.17%$2.90
-0.05%$96,952.00
-0.30%$29.04
-16.94%$0.762454
5.20%$0.589468
0.36%$0.313662
1.57%$8.16
4.25%$0.139484
0.87%$0.04012849
-0.05%$0.00301077
-11.33%$0.04461401
-1.28%$0.00167102
2.33%$0.0064167
2.56%$0.00286427
1.03%$0.01485614
2.02%$2,871.44
0.24%$1.053
0.00%$2,957.55
0.41%$0.999618
-0.14%$2,764.70
0.29%$0.182964
1.45%$0.00306884
-0.63%$0.275
1.60%$0.00063979
-10.05%$109.93
0.00%$0.31467
0.43%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.