/ Explore overall crypto market today: Bitcoin goes above to $44k, while ADA & BTT make strong surge.
Author: Nilesh Hembade.
Date:09 Dec 2023, 1145 AM IST
In a promising turn of events, the cryptocurrency market greeted Saturday morning with a bullish outlook. Bitcoin (BTC), the flagship cryptocurrency, broke through the $44,000 barrier after a consolidation phase lasting over 48 hours within the range of $43,000 to $44,000.
As of the latest update, Bitcoin (BTC) is currently trading at $44,315.31, reflecting a modest change of +-1.93% in the last 24 hours. The market capitalization of Bitcoin (BTC) now stands impressively at $867 billion, with a noteworthy surge of +14.28% observed over the past 7 days.
While Bitcoin (BTC) takes center stage, Ethereum (ETH) is holding its ground at $2,371.18, experiencing a marginal dip of -0.45% in the last 24 hours. Ethereum’s market cap remains substantial at $284 billion.
Cardano (ADA) and BitTorrent (BTT) are surging in crypto market today.
Cardano (ADA):
Demonstrating remarkable strength, Cardano (ADA) has witnessed a substantial surge of +26.02% in the last 24 hours, pushing its price to $0.5915. The market cap for Cardano (ADA) now stands at $20.8 billion, marking an impressive weekly surge of 51.73%.
BitTorrent (BTT):
Within the Tron ecosystem, BitTorrent (BTT) is making significant strides, with its price surging by 24.84% in the last 24 hours, reaching $0.000001023. The market cap for BitTorrent (BTT) is now at $968 million, showcasing an outstanding weekly surge of 116.25%. This surge is particularly noteworthy following the recent milestone of the Tron ecosystem reaching 200 million users.
Investors are keeping a keen eye on these developments as the cryptocurrency market continues to display dynamic movements. The surge in BitTorrent (BTT) is further fueled by the Tron ecosystem’s impressive user base expansion, underlining the interconnected nature of developments within the crypto space.