On Friday, September 9, the quotes of the first cryptocurrency in a short time rose from around $19,400 to $20,800 at the moment. The cumulative market capitalization returned to $1 trillion.
The price of bitcoin exceeded $21,000. Over the past day, the asset has risen in price by 9.3% (CoinGecko).
Over the past day, Bitcoin has gained 6.7%, according to CoinGecko. The current price is $20,654.
The second largest cryptocurrency by capitalization over the past 24 hours has risen in price by 4.4%. At the time of writing, Ethereum is trading above $1,700.
Following the flagships, the rest of the market moved into the green zone. Solana demonstrates the best dynamics – more than 8% over the past day.
September 7 Bitcoin price failed the $19,000 level, dropping to $18,500 for the first time since July. Ethereum quotes after growth against the background Bellatrix update activation fell to $1500.
Formerly Head of Derivatives at Genesis Trading Joshua Lim explained the weak dynamics of bitcoin the implementation of the idea of “an influx of institutionals”, the ease of opening a short and the growing popularity of pair trading with other cryptocurrencies.
Remember, in August digital gold nearly doubled on the fall of Ethereum, according to the ForkLog report.
Read ForkLog bitcoin news in our Telegram – Cryptocurrency news, courses and analytics.
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