Bitcoin bounces across 000 44,000: market cap 800 800 billion

Storm surges ahead in the cryptocurrency market

Other cryptocurrencies also rise: Ether prices jump to 31 3,100: US job market rises

MUMBAI: The world market for cryptocurrencies rose sharply today. The rally was backed by bearish cuts in rising markets, market sources said. Players were stunned when the price of Bitcoin jumped to a high of હજાર 44,000 at one point today.

Bitcoin's total market cap rose to over 800 800 billion today as the price soared. Bitcoin was quoted at a high of 65 65,000 and a low of હજાર 30,000 this year. Today, the trading volume of Bitcoin increased from થી 40 to અ 41 billion to 45 45 to અ 46 billion and the market cap increased from 7 767 to 8 768 billion to 800 800 billion, reaching 14 814 to 15 815 billion.

Bitcoin prices jumped from 40 40,693 to 69 40,694 today, then jumped to 44 44,587 to 5 44,588 from 43 43,356 to 35 43,359.

In the US, job growth figures have been better than expected and the global dollar index has risen, which has had an impact on the cryptocurrency market, market analysts said. The S&P index of the US stock market has risen 18 per cent this year, while the price of Bitcoin has risen about 48 per cent against it, market sources said.

Meanwhile, Bitcoin was followed by other cryptocurrencies today. Midcap ether prices jumped from 27 2,765 to 6 2,766 today, then jumped from 31 3,173 to 7 3,174 to 68 3,068 to 69 3,069.

Ether traded up 36 36 billion to 37 37 billion today, with its market cap rising from 3 323 billion to 4 324 billion to 8 358 billion to 35 359 billion. Small cap XRP prices today were 72 to 73 cents lower and 80 to 81 cents higher to 77 to 78 cents.

The XRP traded at 3. 3.65 billion to 70 3.70 billion today, with its market cap rising from થી 73 billion to 74 74 billion to 77 77 billion to 78 78 billion. Experts were also pointing to the possibility of declining bond buying in the US now. Bitcoin prices touched 44 44,000 for the first time since May.