“Green” covers cryptocurrency platforms

After a series of losses, the green color returned to the cryptocurrency platforms, pushing “Bitcoin” to the highest level of $ 20 thousand, with good rises in the rest of the currencies that are currently being traded, and the steady increase in US interest rates caused investor appetite to rise Towards long-term bonds, and reluctance to invest in cryptocurrencies, which have lost their attractiveness in recent times, but the European Digital Currency Trading Act has strongly contributed to the return of hope to the market, after it faced record losses in light of the record rise in inflation rates. Cryptocurrencies failed to hedge the risks of stagflation, from which no sector was spared, even the gold market, which tops the list of the most important safe havens to preserve value, has declined during recent trading.

In terms of trading, during the last 24 hours of trading, the total market value of cryptocurrencies increased by six percent, gaining about $52 billion, after the combined market value rose from the level of $873 billion to about 925 billion.

Bitcoin exceeds $20,000

At the top of the gaining digital currencies came the “Bitcoin” currency, and during the past hours, it rose by 1.2 percent against weekly losses of 6.6 percent, to be traded at the level of $ 20,521, and its combined market value stabilized at the level of $ 392.2 billion, accounting for 42.4% of the total market value. The total market value of the cryptocurrencies currently being traded.

The “Ethereum” currency, which ranked second in the list of the largest cryptocurrencies by market value, recorded gains during the past hours by 7.2 percent, compared to weekly losses of 4.4 percent, to be traded at the level of $ 1196, and its combined market value rose to The level of 145.5 billion dollars, with a market share of 15.72 percent.

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The “Tezer” currency came in third place, after its price stabilized at the level of one dollar, and its total market value recorded a level of $65.8, with a market share of 7.11 percent.

The “USD” currency came in fourth place, after its price stabilized at the level of one dollar, and its total market value stabilized at the level of 55.2 billion dollars, with a market share of 5.96 percent.

The BNP currency ranked fifth among the largest cryptocurrencies by market value, and recorded gains during the past hours by 1.6 percent, compared to weekly losses of 2.8 percent, to settle its price in trading at the level of $236.34, and its market value also increased. Combined, to the level of $38.6 billion, with this figure holding a market share of 4.17 percent.

Dogecoin loses 13 percent of its value in a week

The currency “BUSD” came in sixth place, and the price of the currency stabilized at the level of one dollar, and its total market value stabilized at the level of 17.55 billion dollars, with a market share of 1.89%.

The X-Ripple coin, which ranked seventh among the top 10 digital currencies in terms of market value, recorded gains during the past hours by 6.6%, compared to weekly losses of three percent, to settle its price in transactions at the level of $0.342, and its combined market value increased to The level of 16.57 billion dollars, with a market share of 1.79 percent.

As for the “Cardano” coin, which ranked eighth among the top 10 digital currencies in terms of market value, it recorded gains during the past hours of one percent, compared to a weekly decline of 9.3 percent, to settle its price in trading, at the level of $ 0.439, and its value also increased. The combined market value reached $14.9 billion, with a market share of 1.61%.

The “Solana” currency came in the ninth place, and recorded gains during the past hours by 6.7 percent, with a decline of 3.4 percent during the last week’s trading, to settle its price in trading, at the level of 37.09 dollars, and its combined market value rose to the level of 12.8 billion dollars, controlling It has a market share of 1.38 percent.

Dogecoin ranked tenth among the top 10 digital currencies in terms of market value, and the currency recorded gains during the past hours by 1.9 percent, compared to a weekly decline of 13 percent, to be traded at the level of $0.0623, and its combined market value stabilized at the level of $8.27 billion, with a market share of 0.89 percent.

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