Latest Market News
Dogecoin saw a strong 83% price surge today as the cryptocurrency finally passes the $0.1 level to reach as high as $0.139. The cryptocurrency is now up by a total of 120% over the past week and is up by a whopping 1,488% over the past three months of trading as high-profile investors such as Elon Musk and Mark Cuban continue to put Dogecoin in the spotlight.
Binance CEO Changpeng "CZ" Zhao recently revealed that cryptocurrency represents almost the entirety of his net worth.
Ethereum firm ConsenSys has raised $65 million from a diverse group of investors that includes established financial industry players like JPMorgan, UBS and Mastercard, as well as crypto industry companies such as the Maker Foundation and Alameda Research.
The XRP cryptocurrency has gained around 263% in the last month despite ongoing unceartainty surrounding the SEC's lawsuit against Ripple.
The price of Bitcoin is up by a total of 4% over the past week of trading as the cryptocurrency sets its sights for $61,000 before making another attempt at the ATH price.
Bitcoin is back above the $60,000 level this week as it approaches $61,000 with all eyeballs on the ATH prices. With Bitcoin looking strong, the rest of the market has the benefit of being extremely optimistic. It shows that the bull run is alive and that alt season is still in full swing. It is unlikely to end until we see Bitcoin make a lower low beneath $50,000, and even then, it might still have some strength.
The Binance cryptocurrency exchange has expanded its offering by introducing tokenized stocks. On Binance, tokenized stocks will be tradable against Binance USD (BUSD) a US dollar-pegged stablecoin.
The total cryptocurrency market capitalization has surpassed $2 trillion after a number of major crypto assets showed strong performances in the last 7 days. This week’s standout performers were Binance Coin and XRP, which both posted gains of more than 50% despite being cryptocurrencies with a large market cap.
The market capitalization of Binance Coin reached around $97 billion at the peak of today’s rally.
With Bitcoin, the barometer of the crypto market, revisiting the $60,000 highs over the weekend, we can confidently say that the general market trend is still bullish.
