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Market capitalization exceeded $2 trillion

by Vaibhav
February 7, 2022
in News
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Market capitalization exceeded $2 trillion
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The price of bitcoin continued to rise on Monday. On February 7, quotes crossed the level of $44,000. The total market capitalization exceeded $2 trillion, according to CoinGecko.

At the time of writing, the price of BTC has consolidated at $44,195. Over the past day, the asset has risen in price by 5.0%, over the week – 16.4%.

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The cost of Ethereum has crossed the $3,000 level and is trading near $3,175 at the time of writing. The asset has grown by 5.7% over the past 24 hours.

Assets from the top 10 by capitalization also showed growth. For example, XRP from Ripple (+17.4%). It came close to its closest competitor, Solana (+5.8%). The stablecoins USDT and USDC were in the red zone.

Prior to this, Fundstrat Managing Director Mark Newton suggested that in the next few months, the price of BTC with a “good probability” could reach a local bottom. Among the key technical levels for bulls he donated $40,000.

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Name Price24H (%)
bitcoin
Bitcoin (BTC)
$23,285.00
0.65%
ethereum
Ethereum (ETH)
$1,610.96
0.17%
tether
Tether (USDT)
$1.00
0.00%
usd-coin
USD Coin (USDC)
$1.00
-0.03%
binancecoin
BNB (BNB)
$308.09
0.41%
ripple
XRP (XRP)
$0.413156
-0.09%
cardano
Cardano (ADA)
$0.386759
1.01%
dogecoin
Dogecoin (DOGE)
$0.087512
1.03%
matic-network
Polygon (MATIC)
$1.17
6.28%
solana
Solana (SOL)
$24.66
0.64%
polkadot
Polkadot (DOT)
$6.59
1.51%
shiba-inu
Shiba Inu (SHIB)
$0.000012
1.78%
litecoin
Litecoin (LTC)
$88.79
1.49%
avalanche-2
Avalanche (AVAX)
$19.52
7.71%
crypto-com-chain
Cronos (CRO)
$0.081906
0.88%
vechain
VeChain (VET)
$0.025144
5.24%
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