Cryptocurrency capitalization approached the $ 1 trillion mark

On Wednesday, January 6, cryptocurrency market capitalization reached an all-time high of $ 972 billion, but then declined. It now stands at $ 920 billion with a total daily trading volume of $ 136 billion, according to Coinmarketcap. The share of bitcoin in the market is 68.5%, the number of cryptocurrencies exceeds 8190, writes RBC Crypto.

Today, bitcoin has renewed its all-time high at around $ 35.7 thousand, having risen in price since January 1 by a quarter. Following Bitcoin, almost all of the largest altcoins in terms of capitalization have grown in price over the past 24 hours. For example, the price of Ethereum increased by 7% and exceeded $ 1100, Litecoin – by 5%, to $ 159.

In the near future, Ethereum may continue to move to a historical maximum of $ 1.4 thousand, says Maria Stankevich, Development Director of the EXMO Exchange. For Bitcoin, she also does not expect a strong correction. Currency.com financial analyst Mikhail Karkhalev added that he does not yet see sufficient pressure from sellers to start lowering the price of bitcoin. And to reach the $ 1.4 thousand mark on air, he needs to gain a foothold above the local peak of $ 1.1 thousand, the specialist warned.

You may also like

The president of the USA
Markets
Joshua

The president of the USA

The president of the USA, Donald Trump, said Sunday that he will not dismiss Jerome Powell as president of the