. Digital currencies are recording increases for the third consecutive session in the middle of today’s session, Thursday, February 16th, coinciding with a clear rise in risk appetite in the markets before the opening of the American session, where Bitcoin is leading these rises, trading at the highest levels of $24,000 at its highest level since August, up by 11% in The last 24 hours coincided with a rise in the market value to $474 billion.
The rise in risk appetite in the markets comes after the liquidation of more than $100 million of short-term selling bets in the last 24 hours, according to GlassNode data, which was betting on declines in digital currencies.
The combined market value of the digital currency market, according to the Coingecko website, which includes more than 12,000 digital currencies, has increased since the beginning of the session by about 8%, circulating at levels of $1.16 trillion, with more than $100 million entering today only.
Ethereum is the second largest digital currency, rising by about 8.78%, and trading at $1,684,000, with an estimated market value of $206 billion.
The Dogecoin currency, in turn, recorded gains of about 3.33%, trading at levels of $0.0892, with an increase in the market value to $11 billion, while Cardano rose by about 6.5%, trading at levels of $0.4077, and a market value estimated at about $14 billion.
The Shiba Inu currency increased by about 6.23%, trading at levels of $0.00001371, with an increase in the market value to $7 billion, while the Solana currency traded with gains of about 9%, trading at levels of $23, and a market value estimated at $8 billion.
The XRP currency or Ripple is rising by about 4.33% today, Thursday, and is trading at 0.3995 levels, with an increase in the market value to 10 billion, while Litecoin is rising by about 5.29%, trading at levels of $101, with an increase in the market value to $7 billion.
16/05/2024
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