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Strong price increases on the crypto market

The crypto market recovered well at the end of the week.

By Luc Vesters
• 2 min read
Strong price increases on the crypto market

The crypto market recovered well at the end of the week. The total market value rose six percent compared to yesterday to US$2.2 trillion. The Bitcoin price rose six percent on a daily basis and is again just above US$60,000. Ethereum is up nearly ten percent, putting Ethereum at around $2,600.

Of the ten largest cryptocurrencies by market value, Ethereum records the largest increase. In addition, Dogecoin is up 5 percent, BNB is up 5 percent and Cardano is up 4 percent. The biggest riser among the 100 largest cryptocurrencies is Sui, with a plus of more than 30 percent. This almost made up for the losses from the beginning of the week.

On Monday, the crypto market was hit by a "Flash Crash," with Bitcoin temporarily dropping US$10,000.

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