Big Short compression brings bitcoin closer to $ 40k, crypto economy 9% higher

The price of Bitcoin rose by nearly 15% in three hours on Sunday night, staying close to the $ 40k mark. Since then, cryptocurrency has decreased by several percent and is currently hovering over the $ 38k December. The entire cryptocurrency economy peaked at 9.72%, rising to $ 1.53 trillion in total value.

Bitcoin price soars after long period of consolidation
As Bitcoin (BTC) jumped more than 15% last night (EDT), the value of bitcoin and digital assets has risen sharply in the past 12 hours. Monday Sunday’s BTC managed to stay above the $ 9k zone after dropping $ 850 per unit at 38: 39pm. Bitcoin has risen 12% in the last 24 hours and 24% in the week. The crypto economy is $ 1.5 trillion, bitcoin is 47.1% of that value, and ethereum (ETH)is 17.8%. At the time of writing, BTC was shopping for $ 38,489 per coin.

The second largest crypto asset in terms of market valuation is ethereum (ETH), which trades at $ 2345 per coin. The ETH is up 9.59% from the previous day and has risen 29.47% over the past seven days. Binance coin (BNB), the third largest crypto asset, has risen 7.89% in the last 24 hours and 12.6% in the week. Dogecoin (DOGE) is today the most profitable in its first decade, as it has increased by 15.15% on the previous day and 29.2% on the week.

The biggest gain of all 10,000 + crypto assets to date is the AMP token, which increased by 50.3% on the last day. 24-hour statistics show that thorchain (RUNE) grew by 23% and BitTorrent (BTT) also grew by 23%. The biggest losers today are streaming (streaming) down 7.5%, stacks (STX) down 1.7% and axie Infinity (AXS) down 1.3% in 24 hours. Market aggregators show an increase in global trade volume, where BTC today stands at $ 38 billion. Tether (USDT) earns $ 74 billion, while ethereum (ETH) earns $ 24 billion.

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