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The collective rise of digital currencies and the Ripple and Sheba currencies are at the forefront of the scene
image 7 February، 2022
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Digital currencies continue to record mass increases this morning, Monday, the seventh of February, to regain the most expensive digital currency in the world (Bitcoin) levels of 42 thousand dollars after more than two weeks of trading below it, coinciding with the return of the market value of Bitcoin to more than 800 billion dollars, as it supported confidence and increased desire The cryptocurrency market has been at risk since the end of last week.

The market value of the cryptocurrency market combined, according to the Coingecko website, which includes more than 12 thousand digital currencies, recovering the levels of 2 trillion dollars today, Monday, up by about 3.1%, to trade the market value at 2.06 trillion dollars.

Bitcoin is trading at 42.631 thousand dollars, an increase of about 2.60% this morning, with a market value of 810 billion dollars, while Ethereum is the second largest digital currency by about 2.35% and trades at 3.074 thousand dollars, with a market value estimated at 368 billion dollars.

The XRP currency or Ripple is shining and rising by about 12% today, Monday, and it is trading at 0.7541 levels, and the market value has risen to 36 billion, to occupy the eighth place in terms of ranking, as the SEC case against Ripple entered an important turning point and thus reflected on Ripple’s movements.

The Dogecoin currency records increases by about 5.63%, trading at levels of 0.156 dollars, with an increase in the market value to 20 billion dollars, while the cardano rises by about 3.18% and is trading at levels of 1.16 dollars, with a market value estimated at about 39 billion dollars.

The Shiba Inu currency, in turn, is rising by about 23% and shining in its trading this morning at $0.0002793, with the market value returning to about $15 billion, benefiting from the fast-food chain’s announcement of its partnership with Shiba at the end of last week.

The Solana currency rises by about 2.27%, trading at levels of $116, and a market value estimated at 37 billion dollars, while Litecoin rises by about 4.65%, trading at levels of 128 dollars, with an increase in the market value to 8 billion dollars.

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