14.9 C
Saturday, April 20, 2024

Bitcoin Jump 160% in 2023

Must read

Added $530 billion to its market capitalization

Άλμα 160% του Bitcoin το 2023

Jump over 160% records in 2023 Bitcoin, after dip in of the 2022 cryptocurrency market which sold over $1.5 trillion, according to Bloomberg.

By 2023, Bitcoin's market capitalization has increased, approximately $530 billion and reached to $826 billion.

The largest cryptocurrency by capitalization started 2023 at around $17,000, after plunging from $45,000 in March 2022; and at the end of this year it is at 43,643 dollars.

According to Bloomberg, hundreds of smaller cryptocurrencies, from Sam Bankman-Fried-backed Solana to dog and frog-themed memecoins, took off as investors embraced and again the risk.

An investor who placed $100,000 in Solana in early 2023 is now making a profit of over $800,000.

Solana is gaining more than 900% through 2023, and in just the last week it is up 61%, raising its market cap to $35 billion.

The second largest cryptocurrency, Ether is up 88% through 2023 and has a market cap of $272 billion.

Source: www.kathimerini.com.cy

- Advertisement -AliExpress WW

More articles

- Advertisement -AliExpress WW

Latest article