The digital currency markets saw some significant gains on Monday, as the entire market capitalization of all of the more than 8,500 existing cryptocurrencies increased by a few percent. Bitcoin’s price rose a little more than 1.5%, but several other currencies saw much larger gains during Monday’s trading sessions. Market aggregators show that the general appreciation of cryptoeconomics is steadily approaching the $ 2 trillion mark.
Cryptoeconomics jumps 3% and approaches $ 2 trillion in valuation
Crypto assets saw their values jump north on Monday, as all crypto-economics peaked at 3% during morning trading sessions (EST). Bitcoin (BTC) increased by 1.9% and, over the past seven days, BTC has gained 2.3%. The leading cryptocurrency, in terms of market valuation, BTC is currently exchanging hands for more than $ 59k per unit. Ethereum (ETH) performed much better, as the crypto asset jumped more than 16% this week and ether is being traded for $ 2,117 per currency.
The binance currency (BNB) has seen a massive gain of 8.39% over the past 24 hours and a colossal increase of 35.4% this week. The BNB digital currency is trading for $ 374 a unit on Monday. The fifth largest market valuation is carried out by Polkadot (DOT), which is trading for US $ 44 per unit. Cardano (ADA) jumped 2% today and each ADA is trading at $ 1.21 during morning trading. The ADA fell 0.21% in the last week, but is still up 6.26% in the last 30 days.
Ripple starts to tear, while Bitcoin Cash gathers an 11% advantage
One of the biggest drivers on Monday is XRP, which increased 37.4% on the last day alone. XRP is doing very well for investors, as it gained 68% in the last month. XRP is currently changing hands for $ 0.824 per unit.
Bitcoin (BCH) money shone on Monday, as well as jumping 12% against the U.S. dollar today and 9.3% against BTC. Cash Bitcoin is trading at $ 626 per unit and prices have gone up + 17.56% over the past week and 21.78% against the U.S. dollar.
The biggest gains today are the blockchain token IOV (IOV) with an increase of 323% and hitchain (HIT) with an increase of 208%. The paid token (PAID) fell 55% today and the elysian currency (ELY) fell 46%, becoming the biggest losers in the market on Monday.
What do you think of the movements in the crypto market today? Let us know what you think about this subject in the comments section below.
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