Today, January 8, the price of bitcoin for the first time in the history of the cryptocurrency market exceeded $ 41,000, and the market capitalization of Ethereum reached an all-time high of $ 143.5 billion.
The rally in the cryptocurrency market that began at the end of last year shows no signs of slowing down. Although December 2020 was one of the most active months in the history of cryptocurrencies with bitcoin rising to $ 30,000, judging by the first days of 2021, the rally continues. Yesterday, Bitcoin for the first time crossed the $ 40,000 mark, and the cryptocurrency market capitalization exceeded $ 1 trillion.
Immediately after hitting the $ 40,000 milestone, the price of BTC fell sharply to $ 38,000, and then recovered to $ 39,400. On January 8, Bitcoin resumed its growth and reached $ 40,000 in the afternoon, after which it overcame $ 41,000 within an hour. According to CoinMarketCap, the price of bitcoin grew by more than 10% per day and by 41% over the past seven days. Cryptocurrency market capitalization reached $ 1.08 trillion.
Other major cryptocurrencies keep up with BTC and continue to set records. The market capitalization of Ethereum reached an all-time high of $ 143.5 billion, and the ETH rate exceeded $ 1,250. According to CoinMarketCap, over the past 24 hours, Ether has grown by 5.2%.
Recently, the XRP coin, which has seriously lost its value, showed an increase of 12% per day and 44% per week, reaching $ 0.3387. The smallest growth among the top 10 cryptocurrencies was shown by LTC – the crypto asset grew by 4% to $ 172 per day, and BCH – by 2.1% to $ 453. Some altcoins lost ground a bit: ADA and DOT lost 2.3% and 2.6%, while XLM and LINK fell 6.8% and 2.3%, respectively.
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