For the second consecutive session, trading platforms gained Cryptocurrency The cryptocurrency is in green, amid strong gains for “Bitcoin”, which managed to breach the $24,000 level for the first time since the violent crashes that hit the market last May.
and raise board Federal Reserve modified Benefit By unanimously 75 basis points, at its second consecutive meeting, as part of attempts to curb inflation. The Federal Open Market Committee decided to raise interest rates to range between 2.25 and 2.50 percent, in line with expectations.
This was not the Fed’s first step in that year. In the last two meetings, the interest rate was raised cumulatively by 150 basis points. After the rise in inflation in the United States to record levels, according to the latest announced results, its rate rose, last month, by 9.1 percent, to be the fastest rise since December 1981.
In terms of trading, and during the past 48 hours, the total market value of cryptocurrencies rose by 15.07 percent, gaining regarding $145 billion, following the combined market value increased from the level of $962 billion to regarding $1.107 trillion.
Bitcoin exceeds $24,000
At the forefront of the gaining digital currencies came the “Bitcoin” currency, during the past hours, it jumped by 4.5 percent once morest a weekly gain of 2.3 percent, to be traded today at the level of $ 24,018, and its combined market value rose to the level of $ 459.4 billion, acquiring About 41.49 percent of the total market value of cryptocurrencies currently being traded.
The “Ethereum” currency, which ranked second in the list of the largest cryptocurrencies by market value, increased during the past hours by 6.2 percent, compared to a weekly gain of 5.2 percent, to be traded today at the level of 1721 dollars, and its value also rose The combined market value reached $211 billion, with a market share of 19.06 percent.
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The “Tezer” currency came in third place, following its price stabilized at the level of one dollar, and its total market value recorded a level of 65.9 dollars, with a market share of 5.95 percent.
And the “USD” currency came in fourth place, following its price reached the level of one dollar, and its total market value stabilized at 54.96 billion dollars, acquiring a market share of 4.93 percent.
While the “BNP” currency came in the fifth place among the largest cryptocurrencies by market value, the currency recorded gains during the past hours by 8.3%, compared to a weekly gain of 7.2% to settle its price in today’s trading at $ 289. Its combined market value reached $46.7 billion, with a market share of 4.21 percent.
X Ripple jumps to sixth place
The “X Ripple” currency, which ranked sixth among the top ten digital currencies by market value, recorded gains during the past hours by 5.2 percent, compared to a weekly increase of 1.4 percent, to settle its price in today’s trading at the level of $0.373. Its combined market value reached $18.1 billion, with a market share of 1.63%.
As for the “Cardano” currency, which ranked seventh, it recorded gains during the past hours by 7.3 percent, compared to a weekly gain of 5.5 percent, to settle its price in today’s trading, at the level of $0.535, and its combined market value rose to $17.98 billion, With a market share of 1.62 percent.
The currency “BUSD” came in eighth place, while the price of the currency was one dollar, its total market value stabilized at the level of 17.8 billion dollars, with a market share of 1.60%.
The “Solana” currency came in the ninth place, and recorded gains during the past hours by 8.4 percent, with a decline of 2.4 percent during the last week’s trading, to settle its price in today’s trading at the level of 43.01 dollars, and its combined market value increased to 14.88 billion dollars. , owning a market share of 1.34 percent.
The “Dogecoin” currency came to the bottom of the list of the top ten digital currencies by market value, recording gains during the past hours by six percent, compared to a weekly decline of one percent, to be traded today at the level of $0.0704, and its combined market value also rose to 9.37 billion. dollars, with a market share of 0.84 percent.
