December 5, 2022

Major Cryptocurrencies Such as BTC, ETH, and BNB Going for High Gains in Past 24-hours

After experiencing a dip in price in the past 48-hours, the prices of major cryptocurrencies have started picking up in the past 24-hours.

This is where Bitcoin (BTC) has demonstrated a 3.43% surge in its price in the 24-hours. Following the surge, the trading volume for BTC has come down to $41,574,048,881 after a 31.52% dip. This means that the selling activity is finally coming to a close where the investors were selling their BTC at a high rate.

At the time of writing, the price of BTC is at $49,081.69 per BTC figure. The lowest price hit by BTC in the past 24-hours has been $46,246.21, while the highest price in the past 24-hours has been $49,768.15. At present, the market capitalization of BTC is at $926,139,281,942, which has also grown at a rate of 3.20% in the past 24-hours.

Yesterday’s volume for Bitcoin was at $61,385,677,468.79. Bitcoin still ranks as the largest and the number one cryptocurrency in the entire world with 40.17% market dominance.

The next cryptocurrency after Bitcoin is Ethereum (ETH) that has demonstrated a 6.91% surge in its price in the past 24-hours. Following the surge, the trading volume for ETH has come down to $28,876,428,014 after a 27.26% dip. Once again, ETH is also demonstrating the same trend as Bitcoin in terms of the low trading volume.

At the time of writing, the price of ETH is at $4,180.85 per ETH figure. The lowest price hit by ETH in the past 24-hours has been $3,525.49, while the highest price in the past 24-hours has been $4,242.73. At present, the market capitalization of ETH is at $496,260,753,068, which has also grown at a rate of 6.58% in the past 24-hours.

The next cryptocurrency after Ethereum is Binance Coin (BNB) that has demonstrated a 6.53% surge in its price in the past 24-hours. Following the surge, the trading volume for BNB has come down to $2,710,486,699 after a 35.96% dip. Once again, BNB is also demonstrating the same trend as Bitcoin and ETH in terms of the low trading volume.

At the time of writing, the price of BNB is at $575.78 per ETH figure. The lowest price hit by BNB in the past 24-hours has been $495.13, while the highest price in the past 24-hours has been $596.15. At present, the market capitalization of BNB is at $96,081,576,345, which has also grown at a rate of 6.20% in the past 24-hours.

Apart from the three major cryptocurrencies, other cryptocurrencies such as Solana (SOL), XRP (XRP), and Terra (LUNA) have also experienced a surge. The prices of these cryptocurrencies have also surged by 1.64%, 3.95%, and 33.37% in the past 24-hours.