Bitcoin, ether and other cryptocurrencies extended last week’s rally heading into the weekend.
After flirting with the psychological breakthrough level for неколико дани, bitcoin broke past $20,000 this week. The coin’s price on Saturday dipped to around $20,800, up 22% compared to last week’s price of $16,900.
Bitcoin hasn’t seen this level since the November market crash of last year, according to the crypto data tracker TradingView.
Cryptocurrency market capitalizations rose as a whole this week, including Bitcoin’s 4.33% increase, ether’s 5.7% rise and Solana’s soar of over 26%. Other coins with prosperous market cap gains include Polkadot (11.8%), Polygon (6.3%) and Avalanche (5.4%).
Крипто акције и структурирани производи
Crypto stocks also did well as bitcoin neared $19,000 — even as S&P 500 stocks remained relatively steady.
Coinbase shares ($COIN) surged 41% and the bitcoin miner Marathon Digital saw its stock rise 80%, most likely due to the rise in bitcoin’s price. Traditional markets rose about 2% during that time.
For structured products, GBTC surged 28% and ETHE rose 17%.
In addition, recent data found that digital asset-focused funds started 2023 out with a bang: Ondo Finance launched three токенизирано U.S. Treasuries and bonds on Jan. 10, and two Abu Dhabi-based venture firms partnered to create a трилион долара web3 investment fund on Jan. 11, The Block previously reported.
© 2023. Блоцк Црипто, Инц. Сва права задржана. Овај је чланак доступан само у информативне сврхе. Не нуди се или се не користи као правни, порески, инвестициони, финансијски или други савет.
Source: https://www.theblock.co/post/202433/this-week-in-markets-bitcoin-breaks-20000-as-altcoins-crypto-stocks-surge?utm_source=rss&utm_medium=rss