Biznextindia : It seems the new year 2023 has come up with a new prospects for the crypto world, with leading coins witnessing bull run since January 1st.
Bitcoin, the most popular cryptocurrency has remained above USD 20,000 for the second consecutive day on Sunday after breaching the psychological mark on Saturday for the first time after November 8th. The cryprocurrency has also continued its bull run for the 12th consecutive day.
However, the coin is still about 70 percent below its all time peak of USD $68,789.63.
“The price of Bitcoin has risen by 22.70% in the past seven days. The price increased by 0.12% in the last 24 hours. In just the past hour, the price grew by 0.65%. The current price is $20,840.55 per BTC. Bitcoin is 69.70% below the all time high of $68,789.63. The current circulating supply is 19,262,962 BTC” said cryptocurrency platform Coinbase.
In Indian Rupee terms bitcoin is currently trading at Rs. 1,701,159.
Bitcoin, known as the world’s first cryptocurrency, is stored and exchanged securely on the internet through a digital ledger known as a blockchain. Bitcoins are divisible into smaller units known as satoshis- each satoshi is worth 0.00000001 bitcoin.
Another popular coin Ethereum is also on the rise for the last 7 days. While it was below USD 1200, it neared USD 1600 by January 14. Currently ( January 15, 21.30 pm ISD) it is trading at USD 1556.98.
“The price of Ethereum has risen by 21.25% in the past 7 days. The price increased by 1.83% in the last 24 hours. In just the past hour, the price grew by 1.11%. The current price is $1,556.98 per ETH. Ethereum is 68.17% below the all time high of $4,891.70. The current circulating supply is 122,373,866.218 ETH” according to crypro exchange Coinbase.
The price of Solana has risen by 67.87% in the past 7 days. The current price is $23.65 per SOL.