Tokens recover losses, Bitcoin approaches $27,000, and Ethereum gains 3%

On Wednesday, the value of Bitcoin, Ethereum, and other cryptocurrencies rose. With a volume of $45 billion over the previous 24 hours, the total market value of all cryptocurrencies was $1.12 trillion.

Bitcoin

Bitcoin, the biggest and most used virtual currency in the world, increased by 4.8 percent to $26.988. It was valued at $523.9 billion on the market. The value of the trade was $22.6 billion.
Currently, there is a lot of resistance for bitcoin near the $27,400 mark, with $26,400 acting as support.

Ethereum

Ethererum which is the second-largest virtual currency, increased by 3.5 percent to $1,876.5 and has a market value of $225.8 billion. In the previous day, $8.9 billion worth of Ethereum was traded.

Dogecoin

A virtual currency based on memes, increased 4.3 percent on Wednesday. It was valued at $9.7 billion on the market. There were $425.1 million worth of transactions.

Solana

Solana increased 2.3 percent to $20.2 and now has a $8 billion market cap. $441.6 million worth of Solana’s shares were traded in the previous day.

Shiba Inu

Shiba Inu market capitalization increased by 0.5 percent to $4.8 billion. In the previous 24 hours, there were $101.8 million in transactions.

Polygon

With a market capitalization of $7.6 billion, Polygon declined 2.3 percent to $0.8 in contrast to its competitors. In the past 24 hours, there were $463.4 million worth of transactions.