Bitcoin price rises above $20,000
- September 9, 2022
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On Friday, September 9, prices of the first cryptocurrency in a short time rose from what is currently $19,400 to $20,800. Cumulative market capitalization returned to $1 trillion.
On Friday, September 9, prices of the first cryptocurrency in a short time rose from what is currently $19,400 to $20,800. Cumulative market capitalization returned to $1 trillion.
According to CoinGecko, Bitcoin has gained 6.7% in the last 24 hours. Its current price is $20,654.
In the last 24 hours, the price of the second-largest cryptocurrency by capitalization has increased by 4.4%. At the time of writing, Ethereum is trading above $1,700.
Following the flagships, the rest of the market has moved to the green zone. Solana shows the best dynamics – more than 8% over the past day.
On September 7, bitcoin price failed at $19,000 and dropped to $18,500 for the first time since July. Ethereum prices dropped to $1,500 after surging in the middle of the activation of the Bellatrix update.
Earlier, Joshua Lim, head of Genesis Trading division for derivatives, explained the weak dynamics of bitcoin, the ease of short-term opening and the growing popularity of pair trading with the application of the idea of “influx of institutionalists”. with other cryptocurrencies.
Recall that in August, digital gold nearly doubled Ethereum’s decline, according to a ForkLog report.
Read ForkLog bitcoin news in our Telegram – cryptocurrency news, courses and analysis.
Source: Fork Log
I’m Sandra Torres, a passionate journalist and content creator. My specialty lies in covering the latest gadgets, trends and tech news for Div Bracket. With over 5 years of experience as a professional writer, I have built up an impressive portfolio of published works that showcase my expertise in this field.
