Today’s crypto price: Bitcoin is up 12%, while other tokens are up more than 8%

On Thursday, cryptocurrency prices soared. The global crypto market cap was $1.1 trillion, with $71.2 billion in volume in the previous 24 hours.

Bitcoin
Bitcoin, the world’s largest and most popular virtual currency, increased nearly 12% to $24,698. Its market capitalization was $476.5 billion. The total value of trade was $35.4 billion.
“The rise (in bitcoin) is due to investors liquidating their positions and driving up prices. BTC has risen 61% from its low point one month ago, reaching a two-week high and increasing by more than 11% in the last 24 hours.

Ethereum
The second largest virtual currency, rose 9.7 percent to $1,694.9, with a market capitalisation of $207.6 billion. In the last 24 hours, Ethereum’s trade volume was $11.4 billion.

Dogecoin
The meme-based virtual currency, increased 8.8 percent to $0.1. Its market capitalization was $12 billion. The total value of trade was $924 billion.

Solana
Solana rose 11.1 percent to $23.9, with a $9 billion market capitalisation. Solana’s trading volume in the last 24 hours was $833.1 million.

Shiba Inu
Shiba Inu market capitalisation increased by 9% to $7.5 billion. In the last 24 hours, the trade volume was $493.9 million.

Polygon
Polygon rose 11.1 percent to $1.4, valuing the company at $11.8 billion. In the last 24 hours, the trade volume was $693.4 million.