Bitcoin hits 13-month high, trading at $31,500
- According to crypto trading exchange CoinMarketCap, the current market capitalization of bitcoin rose by 2.2 percent at $610,122,773,744.
Leading cryptocurrency bitcoin on 6 July hits 13-month high trading rate of $31,500, according to news agency Reuters, which added the cryptocurrency rose by as much as 3.28 percent.
According to crypto trading exchange CoinMarketCap, the current market capitalization of bitcoin rose by 2.2 percent at $610,122,773,744. Earlier in 7 July 2022, the Bitcoin was traded at $20,547.81.
Recently, bitcoin found support due to plans by fund managers, including BlackRock - the world's largest asset manager - to launch a U.S.-listed spot bitcoin exchange-traded fund(ETF).
Nasdaq refiled its application to list BlackRocks's ETF according to a filing made public on Monday after the U.S. securities regulator had reportedly raised concerns over initial filings.
Over the last 24 hours, the total crypto market volume is $37.18 billion, which makes a 19.24% increase.
The total volume in DeFi is currently $2.53 billion, 6.81% of the total crypto market 24-hour volume. The volume of all stable coins is now $34.16 billion, which is 91.89 percent of the total crypto market 24-hour volume.
Bitcoin’s dominance is currently 49.89 percent, an increase of 0.26% over the day, reported CoinMarketCap.
With agency inputs.