Prices of cryptocurrencies rose today, with Bitcoin trading above the USD 47,000 mark. By market capitalization, the world's most popular and largest cryptocurrency increased by almost 1 percent to USD 47,217. According to CoinGecko, the global crypto market capitalisation increased by more than 1 percent to USD 2.34 trillion.
According to CoinDesk, Ether, the second-largest cryptocurrency and the unit tied to the Ethereum network, was trading almost 2 percent higher at USD 3,717. Dogecoin, on the other hand, increased by 1.5 percent to USD 0.17, while Shiba Inu increased by 1 percent to USD 0.000034. Binance Coin, on the other hand, was slightly higher at USD 515.
Other digital tokens such as Solana, Uniswap, Cardano, Polygon, Litecoin, Terra, XRP, Polkadot, and Stellar also increased their performance in the last 24 hours, trading with gains.
In 2021, Bitcoin has increased by 62 percent, while Ether, the second-largest digital token, has increased by more than 400 percent. Tuesday. Bitcoin, which is known for its erratic behaviour, has lost more than USD 21,000 since hitting a high in early November.