According to Coinmarketcap, on August 5, the price of the most popular cryptocurrency, Bitcoin, returned to a level above $11,500. Most other coins from the top 10 also rose in price, however, the dominance of Bitcoin continues to grow.
Bitcoin exchange rate changes
In the last two days, a steady increase in the price of Bitcoin was observed above 10 500 US dollars, and on Sunday, August 4, the coin crossed the mark of $11,000.
At the time of writing, Bitcoin is tradingTrading
– is an economic term that means the process of independent trade, independent analysis of the market and the conclusion of trade transactions.Details at a price of $11,661.47 USD, over the past 24 hours the coin has grown by 9.09%, overcoming monthly losses.
The latest cryptocurrency news showed that other coins from the top 10 also record about 5% increase today. Litecoin, the fifth largest coin by market capitalization, grew by almost 4%. Platincoin and Ren are among the best today, an increase of more than 30%.
Meanwhile, the dominance of Bitcoin or a percentage of total market capitalization exceeded 67%. Total market capitalization has grown by 7% over the past 24 hours and amounts to $ 307 billion.
According to Coinmarketcap, the price of BTC cryptocurrency was $11,661. Recall, on August 1, the CEO of the Galaxy Digital cryptocurrency bank, Mike Novogratz, spoke about Bitcoin in his interview. According to Novogratz, the cost of the first cryptocurrency will not fall below $5000.
Editor: Yuliya Soroka