Crypto market..Bitcoin is back in the spotlight
The prices of most cryptocurrencies recorded some rise today, Tuesday, in the crypto market, supported by Bitcoin's attempt to recover part of its losses
The market value of cryptocurrencies rose during trading today, Tuesday, by 2.94%, to reach $ 930.97 billion, amid cash flows during the last 24 hours, which recorded $ 75.5 billion
While the cryptocurrency market was worth more than 3 trillion dollars at its peak 7 months ago, it fell below a trillion dollars on the Monday before last (June 13, 2022), after it reached 3 trillion dollars last November
Investors' appetite for cryptocurrencies returned, despite the rise in US interest on the dollar, but fears of global inflation and economic recession were stronger than the luster of the "green genie", and individual investors' fears increased from the US Federal Reserve's decisions to curb inflation
Bitcoin price today
Today, Tuesday, June 21, 2022, the price of Bitcoin (BTC), the largest and most famous digital currency in the world, jumped by 2.78% to reach $21219.09, bringing the market value of the most popular cryptocurrency in the world to $405 billion
The world's largest and most famous cryptocurrency fell 15% on Monday, June 13, 2022 in its biggest one-day loss since March 2020. It has lost about half of its value this year
Since hitting a record high of $69,000 last November, Bitcoin has tumbled about 70%
Cryptocurrency rates today
The price of the Ethereum coin (ETH) gained 3.13% to record $1,158.14
The Binance coin BNB price added about 4.66% to its value, reaching $221.94
XRP rose 1.57% to $0.3282
The Cardano coin increased by 2.84% to $0.4997
The price of Polkadot also rose by 8.09% to reach $8.16
Dogecoin price DOGE/USD jumped by 4.83% to reach $0.06257 levels
Cryptocurrencies are considered as a non-cash digital payment method, which is managed and traded in a decentralized online payment system that is highly protected away from the control and control of banks
According to the statistics of the cryptocurrency exchange Crypto.com, there were approximately 300 million people who owned cryptocurrency by the end of 2021
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