Bitcoin Rises to $77,885 as Crypto Market Trades Mostly Higher
Cryptocurrency market shows positive trends on Monday as Bitcoin rises 1.44% to $77,885.4 and Ethereum gains 1.31%, while Tether records a slight dip.
The cryptocurrency market experienced a largely positive trend on Monday, with the exception of Tether, which showed a negative change and dropped by 0.08%. Bitcoin, the most popular cryptocurrency on the market, recorded a 1.44% increase, bringing its market capitalization to $1.56 trillion and trading at $77,885.4.
Ethereum grew by 1.31%, with its price reaching $2,514.01 and its market cap estimated at $306.64 billion. Over the past week, the coin's value saw a 0.95% increase. Meanwhile, Tether declined by 0.08% and dropped by 0.04% over the week, with a total market capitalization of $183.34 billion and a trading price of $0.9994.
Binance Coin rose by 0.84%, reaching a market capitalization of $96.27 billion and trading at $722.30, despite a 0.82% weekly decrease. Ripple surged by 4.55%, though it disappointed investors over the past week with a slight drop of 0.05%.
According to the data, Ripple's market capitalization stands at $87.96 billion, trading at $1.4043. The USDC coin edged up by 0.01%, priced at $1.0003 with a market cap of $74.20 billion, though it recorded a minor 0.01% weekly decline.
