Bitcoin price rises above $22,000
- September 12, 2022
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On Monday, September 12, the prices of the first cryptocurrency exceeded $22,000. According to CoinGecko, the price of the asset increased by 3% in the past day. At
On Monday, September 12, the prices of the first cryptocurrency exceeded $22,000. According to CoinGecko, the price of the asset increased by 3% in the past day.
At the time of writing, Bitcoin is trading around $22,200.
Ethereum price is holding above $1750. In the last 24 hours, the second-largest cryptocurrency by capitalization has lost 0.3%.
Not all crypto assets in the top 10 by capitalization followed the flagship. USDT (-0.2%), XRP (-0.7%) and Cardano (-1.4%) stay in the red zone.
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.
On September 9, leading cryptocurrencies returned to their previous levels of growth. The digital gold rate has surpassed $21,000 and Ethereum – $1,700.
Chainalysis allowed for a price differential between the first and second cryptocurrencies in terms of capitalization after The Merge. According to analysts, staking will make Ethereum look like bonds or commodities and can attract institutional capital accordingly.
Recall that a trader under the pseudonym Filbfilb allowed bitcoin to drop from current levels to $10,000 – $11,000.
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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.
