Sumary of Cryptocurrency prices today: Bitcoin above $47,000, ether, dogecoin surge:
- In cryptocurrencies, Bitcoin prices today surged to trade above $47,000, as per CoinDesk, the world’s largest cryptocurrency by market capitalization was up over 4% to $47,103. Bitcoin has gained over 62% this year (year-to-date), however, it is much lower from nearly its record high level of $65,000 it hit in April.
- Ether, the coin linked to ethereum blockchain and the second largest crypto, gained nearly 3% to $3,391. Cardano prices slipped 0.4% to $2.38 whereas dogecoin rose 2% to $0.23. Other virtual tokens including Stellar, Uniswap, Litecoin also surged over the last 24 hours.
- Meanwhile, Solana was trading 5% lower to $157.9. Global crypto funds saw fourth straight week of inflows last week, attracting $57 million, with cryptocurrency Solana alone bagging $50 million, digital asset manager CoinShares said.
- Solana has become among the top 10 crypto assets in the world with a market capitalisation of about $50 billion.