Bitcoin prices were somewhat higher today than USD 65,000 on the cryptocurrency market. The world's largest cryptocurrency by market capitalization, which has gained over 125 percent this year, jumped 0.8 percent to USD 65,244 in early Friday trading. Meanwhile, according to CoinGecko, the overall market capitalization of cryptocurrencies has recovered to USD 3 trillion.
Ether, the second-largest cryptocurrency and a coin related to ethereum, increased by more than 3 percent to USD4,801. Ether has been hovering around an all-time high, catching up with bitcoin's rise and riding the wave of news about broader blockchain deployment.
The price of Dogecoin increased by about 2 percent to USD 0.25, while the price of Shiba Inu increased by over 8 percent to USD 0.000054. Other cryptocurrencies, such as Litecoin, XRP, Polkadot, Uniswap, and Stellar, have all seen advances in the recent 24 hours. In trade, the prices of digital tokens Solana and Cardano fell.
Bitcoin's journey has been bumpy, with the most popular digital token falling below USD30,000 in June amid criticism of its energy use and China's cryptocurrency crackdown. Partially as the crypto sector reacted to China's broadsides, it began to recover.