Bitcoin surges above $58,000, ether, dogecoin, other cryptos also rise

Bitcoin surges above $58,000, ether, dogecoin, other cryptos also rise

Bitcoin is rallying towards its record high level of almost $65,000 that it reached in April, and is up 100% this year.

Bitcoin prices today surged above the $58,000 mark as the world’s largest cryptocurrency by market capitalization was trading more than 3% higher to $58,418. Bitcoin is nearing its record high level of almost $65,000 that it reached in April, and is up 100% this year (year-to-date) so far.

Ether, the coin linked to ethereum blockchain, also rose to $3,649, up 4%. Cardano was up 2% at $2.19 whereas dogecoin gained to $0.22. On the other hand, other digital tokens like XRP, Uniswap, Stellar, Binance Coin, were also trading with gains over the last 24 hours.

Cryptocurrency prices are trading in the green on October 14. The global cryptocurrency market cap is $2.39 trillion, a 3.11 percent increase in the past 24 hours.

The total crypto market volume over the last 24 hours is $115.49 billion, a jump of 9.24 percent.

The global crypto market cap has increased over 4 percent to $2.38 trillion over the last day, according to data from coinmarketcap.com

BITCOIN

Bitcoin has gained over 4 percent in the last 24 hours and is trading above $57,000. The crypto has added more than 5 percent in the last week.

The second-largest crypto Ethereum has risen nearly 5 percent over the previous day and over 2 percent in the last week. It is priced at around $3,600. 

In the last 24 hours,  Solana, XRP, and  Cardano have gained over 3 percent. Polkadot has seen a massive surge of nearly 20 percent over the last day. The crypto is trading at $41.23. Dogecoin has increased over 5 percent and is priced at $0.23.

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