Digital currencies record gains in the middle of the week’s opening session trading today, Monday, January 16th, to extend from the strong gains recorded last week, taking advantage of the rise in the market value to regain the levels of a trillion dollars, as the bitcoin currency leads the rises by trading at its highest level since November of last year at levels of 20.852 thousand dollars An increase of about 0.70%, with an increase in the market value to $ 401 billion.
Risk appetite has increased in the markets since last week, which comes from the market’s high expectations of a less stringent monetary policy than the US Federal Reserve in the coming period, after the recent inflation figures, which reflected positively on the currencies and high-risk assets led by stocks and digital currencies, as the most expensive digital currency in the world recorded increases of about 20%. % in the last seven trading sessions.
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 1.4%, circulating at levels of $1.02 trillion, coinciding with the entry of liquidity of more than $68 billion today only.
Ethereum is the second largest digital currency, rising by about 1.2%, and trading at $1,548,000, with an estimated market value of $186 billion.
The Dogecoin currency, in turn, recorded increases of about 0.55%, trading at levels of $0.0844, with an increase in the market value to $11 billion, while Cardano rose by about 2.015%, trading at levels of $0.3507, and a market value estimated at about $12 billion.
The Shiba Inu currency and the Solana are among the biggest beneficiaries today, with gains of more than 4% today, as the Shiba currency rises by about 5%, trading at levels of $0.00001049, with an increase in the market value to $5 billion, while the Solana currency is trading at an increase of about 4.10%, trading at levels of $23.49 It has a market value of $8 billion.
The XRP or Ripple currency rose by about 0.87% today, Monday, and is trading at 0.3874 levels, with an increase in the market value to 19 billion, while Litecoin tweeted out of the flock and lost about 0.44%, trading at levels of $86, with a rise in the market value to $6 billion.