In the beginning of the week, the market started to rise but now, it is rapidly growing and giving some expectations to investors across the world. While writing this, we can check out that the global crypto market capitalization is $1.99 trillion and it has been increased by 1.91% in the last 24 hours. The total crypto market volume is $109.69 billion which has been increased by 44.59% in the last 24 hours and it is also growing with a high percentage. The total volume in DeFi is currently $13.43 billion which has raised around 12.24% of the total crypto market 24-hour volume.
The stable coins reports have been revealed that the volume of all stable coins is now $86.90 billion which is 79.22% of the total crypto market 24-hours volume. Many experts who knew about the market have already invested in the market and now, it seems that they are earning a good amount of profit. Several coins of the market such as Bitcoin, Ethereum, Tether, BNB, USD Coin, and many more are rising in the market. Traders can expect something good from these coins. As of February 8, Bitcoin and Ethereum has shown some amazing growth in the market and probably, the growth will continue for the next few more days. So, let’s talk about Bitcoin and Ethereum.
While writing this one, we can see that BTC is trading at $43,832 with a trading volume of $34,675,468,857.20 USD and the price of the coin has been changed by 2.91% in the last 24 hours. Also, the price of the coin is Rs. 32,78,109 INR which has been increased 0.08% in the last 24 hours.
If we talk about the Ethereum coins so, the price of the coin is trading at $3,109 USD with a trading volume of $17,527,256,085.50 USD, and the price of the coin was changed by 1.24% in the last 24 hours. Along with this, the price of the coin in INR is Rs. 2,39,649 during writing this article.
On the other side, the other coins of the market such as Tether, BNB, USD Coin, XRP, Cardano, Solana, and Terra are also raising. We can examine a few dip in Terra and Solana but others are rising continuously. These coins have been raised up to 8% in the last few hours. Well, some news are the reason of these movements in the coins.
The Valkyrie Capital’s Bitcoin Mining ETF focused on renewable energy has been approved by the US Securities and Exchange Commission. Along with this, Valkyrie Bitcoin Mining ETF primarily is focused on companies that use at least 77% of renewable energy. On the other side, the KPMG Canada had made an announcement that it will directly invest in Bitcoin and Ethereum.
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