Bitcoin starts new month with impressive gains and rises over $40,000

It’s the start of the month and it looks like the worldwide crypto market is in the green. Over the last day, the worldwide crypto market faced gains of 1.56 percent, reaching a market cap of $1.65 Trillion. In the previous 24 hours, the complete market volume is $74.91 Billion. This marks a decrease of 16.73 percent.

The overall stable coin volume has reached $58.75 billion. This makes up 78.43 percent of the overall crypto market’s 24-hour volume. Currently, Bitcoin has a price of $41,711.51, along with a 47.42 percent dominance rate. This implies a decrease of 0.93 percent over the last day. Despite the decrease, it notes an increase of 20.77 percent over the last week. Its market cap is holding up at $777.83 billion.

Next up on the chart is Ethreum, which is the second-largest cryptocurrency after Bitcoin. It has a price of around $2,585, which is a 5.37 percent increase in the last 24 hours. Over a seven-day period, it saw gains of almost 20.63 percent. The market cap is currently at $302.61 billion. Over the last 24 hours, the Ether has contributed $19.48 billion to the total crypto volume.

Tether is also on the chart of top cryptos, reaching a price of $1, which is a decrease of 0.02 percent over the last day. Nevertheless, the seven-day prices are in the green, with Tether reporting gains of 0.05 percent. It currently holds a market cap of $61.88 billion and contributed almost $50.18 billion to the crypto volume in the last day.

Binance coin’s value is $339 today, which is a 2.92 percent increase from yesterday. Even so, the last seven days show gains of 14.65 percent. It holds a market cap of $57.19 billion and added $1.68 billion to the crypto volume in the last 24 hours.

Dogecoin is a popular cryptocurrency with impressive community backing by Redditers. Its value increased to $0.2098, which marks a 1.41 percent increase from yesterday. This implies a 7.82 percent increase over the last seven days. Its total market cap is around $27.54 billion, and it added $1.53 billion to the global crypto volume in the last 24 hours.

Polkadot saw a price increase of 14.96 percent from yesterday, reporting values of around $18.93. This marks a 42.98 percent increase over the last week.  It holds a market cap of $18.53 billion and added $2.23 billion to the global crypto volume in the last 24 hours.

Lastly, Polygon is showing a gain of 0.85 percent from yesterday, which brings its price to $1.06. It’s reporting an increase of 17.47 percent over the last week. Its market cap is currently at $6.84 billion, and it added $752.50 million to the crypto volume in the last 24 hours.

Jerry Dedmon

Author: Jerry Dedmon

Jerry Dedmon is a new writer on Cryptocoin Stock Exchange, his articles are cryptocurrency news, analysis and blockchain news based. We recommend tuning in for Jerry's daily posts as they are always a great and interesting read.

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