Top Cryptocurrency Values Rises; Bitcoin, ETH & BNB Rise up to 10%

Weekly Update

Bullish sentiments in crypto markets persisted for the second day in a row, with top coin prices seeing significant gains recently. According to CoinMarketCap, the global cryptocurrency market cap increased by about 4.55% in the last 24 hours to $961.59 billion, while Bitcoin traded above $22,000 for the first time in several days.

Over the last 24 hours, the global crypto market volume surged by approximately 22.89% to $66.037 billion. The overall volume in DeFi was $6.44 billion, accounting for 9.7% 24-hour volume in the crypto market. The overall volume of stablecoins was $59.28 billion, accounting for 89.32% of the crypto market’s 24-hour volume.

The dominance of Bitcoin (BTC) climbed by 0.86% to 43.27%. In the last 24 hours, the price of Bitcoin has risen by 6.7%. BTC was valued at $21,800 at the time of writing. Bitcoin’s price has risen by around 10.5% in the last seven days.

Investors’ Take on the Situation

Investors who were optimistic about crypto at the time of the drop are now realising the rewards, particularly those who invested in safer assets such as Bitcoin Mining, which is currently yielding a larger profit per day than last week. With the rising popularity of Bitcoin Mining, Zionodes has officially entered Canada with a 5MW+ operational capacity bitcoin mining farm. This week has been advantageous for crypto investors, and the number of investors investing in bitcoin mining has increased, as the price of Bitcoin Miners may soon climb due to the growth in the price of Bitcoin.