Cryptocurrency Price Today Bitcoin Jumps 11%, Global Crypto Market Green

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The world’s most popular cryptocurrency, Bitcoin, rose more than 11% to $38,816.10. However, it is still below the $40,000 mark.

Bitcoin prices jumped on Friday as the global cryptocurrency rebounded after falling into the red. Most cryptocurrencies were trading green even as Russia’s invasion of Ukraine continues to dominate global headlines, according to coindesk.

The world’s most popular cryptocurrency, Bitcoin, rose more than 11% to $38,816.10. However, it is still below the $40,000 mark.

Second, cryptocurrency by market cap, Ethereum rose more than 9% to $2,623.83.

XRP price increased by more than 7%, Terra jumped by more than 20%, Solana increased by more than 14%, Avalanche increased by 11%, Cardano price increased by more than 11%.

Among other popular cryptocurrencies, Polkadot jumped over 7%, Dodgecoin jumped over 5%, Polygon jumped over 9%, and Shiba Inu jumped over 5%.

“Bitcoin and Ethereum have fallen below US$39,000 and US$3,000 in the past 24 hours. All major altcoins are also turning in the red this weekend. BTC remains negative with increasing selling pressure over the past few weeks,” Edul Patel said. , CEO and Co-Founder, Mudrex.

“BTC’s lower support price ranges between $30,000 and $35,000. If BTC drops below these support levels, it could trend back in 2018. The situation is due to ongoing tensions between Russia and Ukraine,” Patel said.

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