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Bitcoin rises over $30,000 | Check latest cryptocurrency prices

Bitcoin rises over $30,000 | Check latest cryptocurrency prices

India Today
Monday, May 23, 2022 06:37:27 AM UTC

Bitcoin, Ethereum and most other major cryptocurrencies improved a little compared to last week.

Bitcoin's price on Monday hovered over the $30,000-mark as the global cryptocurrency market remained by and large flat.

However, Bitcoin, Ethereum and most other major cryptocurrencies improved a little compared to last week.

The world's most popular cryptocurrency has been trading just over the support line of $30,000 for the past 10 days. On Monday, Bitcoin's price was up by 2.76 per cent to $30,173.58.

Meanwhile, the world's second largest cryptocurrency, Ethereum, gained 3.02 per cent to $2,030.70.

"Bitcoin, Ethereum, and most cryptocurrencies rose over the weekend. Even though BTC gained nearly 4 per cent growth in the past 24 hours, it could not break the US$30,000 level. If BTC can break its initial resistance level at US$31,000 and US$32,000 this week, we may see an upward trend," Edul Patel, CEO and Co-founder, Mudrex said.

XRP gained 2.47 per cent, Solana was up 4.53 per cent, Cardano gained 3.08 per cent, Stellar was up by 3.42 per cent, Avalanche gained 5.50 per cent, Polkadot rose 1.23 per cent.

Other alt coins such as Dogecoin gained 1.98 per cent, and Shiba Inu was up 2.39 per cent.

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