Home » Economy » The rise in Bitcoin pushes the value of the cryptocurrency market to $2 trillion

The rise in Bitcoin pushes the value of the cryptocurrency market to $2 trillion

by Alexandra Hartman Editor-in-Chief

2024-02-15 22:02:03

The currency “Bitcoin” rose to the level of $52,000, following the cryptocurrency rose on a large scale, accompanied by the return of the currency “Ether”, the second largest distinctive symbol in the cryptocurrency market, to the rise. According to Bloomberg, the gains of Bitcoin, whose price has risen by approximately 25% since the beginning of the year, helped raise the market value of digital assets to more than $2 trillion, for the first time since April 2022. Bitcoin and Ethereum rose. By more than 2%, during yesterday’s trading, in New York, with the latter trading at $2852.

Sector-specific factors supported Bitcoin, including the first appearance of US exchange-traded funds dedicated to investing in Bitcoin.

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