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    Israel and Iran agree on ceasefire – Trump

    Israel and Iran agree on ceasefire – Trump

    Breaking: Iran launches missiles at US bases in the Middle East

    Breaking: Iran launches missiles at US bases in the Middle East

    US military strikes Iran

    US military strikes Iran

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    Yahoo boys launder money for ‘politically exposed persons’ – EFCC boss

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    Trump bans citizens of 12 countries from entering the U.S, full list

    France launches mandatory online visa appointments for travelers

    France launches mandatory online visa appointments for travelers

    Federal Government declares June 6 and 9 public holidays

    Federal Government declares June 6 and 9 public holidays

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    UK tightens visa rules for care workers, skilled workers and students

    UK tightens visa rules for care workers, skilled workers and students

    United States scraps visa dropbox service for Nigerian applicants

    President Donald Trump cancels protection for 500,000 Haitian migrants

    Spain golden visa scheme ends as Portugal and Greece demand increases

    Spain golden visa scheme ends as Portugal and Greece demand increases

    CBN fines nine banks 150 million Naira each for failing to dispense cash

    CBN ends free ATM withdrawals for other banks’customers

    FG increases private university application fee from N5m to N25m

    FG increases private university application fee from N5m to N25m

    United States scraps visa dropbox service for Nigerian applicants

    United States scraps visa dropbox service for Nigerian applicants

    Buhari says Nigeria security and economy improved during his tenure

    Buhari says Nigeria security and economy improved during his tenure

    Air Sierra Leone commences flight operations to Lagos

    Air Sierra Leone commences flight operations to Lagos

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    Nigeria renews $2 billion currency swap deal with China to boost bilateral trade

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    Legend Internet Plc reports N32.9 million profit for Q1 2025

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    How Donald Trump won the 2024 U.S Presidential Election

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    New hope for Naira fixed income savers?

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    Nigerian Exchange gains 5.37% in Tinubu’s first week, highest for any President since return to Democracy

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Home Markets Cryptocurrencies

Bitcoin rises above $45,000

Sunday, 8 August 2021, 8:35 am
in Cryptocurrencies, Markets
0
Bitcoin rises above $40,000
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The prices of cryptocurrencies have continued to increase with Bitcoin rising above $45,000 Sunday morning, the first time in over 2 months.

The most popular cryptocurrency is up by 4.3% or $1,858.9 trading at $45,118.4 at 06:56 GMT on Sunday, according to the data on Investing.com.

Ethereum is trading at $3,176, up 7.32%, on the back of the latest hard fork upgrade, dubbed “London,” officially activated on the Ethereum blockchain network.

Other cryptocurrencies are also in green, with XRP gaining 9.08% at $0.83015; Dogecoin is up by 27.71% at $0.269969; Cardano is trading at $1.479533, up 3.41%. Binance Coin is also gaining 3.30%, trading at $358.67.

The surge in the price of Bitcoin continues amid decline in the amount of Bitcoin supply held on various crypto exchanges.

Analysts have viewed the movement of Bitcoin supply away from the exchanges as a bullish sign.

Some analysts see further upside and are optimistic about the crypto rally broadly.

“A mood of optimism appears to have returned to cryptocurrency markets. Still, the turbulence that we’ve seen in crypto markets over recent weeks is unlikely to subside,” wrote Paolo Ardoino, CTO of Bitfinex, in an email.

Bitcoin Key Metrics according to Coindesk

  • Total supply: 18.78 million
  • Market capitalization: $847.29 billion
  • Value transacted in 24 hours: $5.12 billion
  • Transaction count in 24 hours: 207,621
  • 24 hour high: $45,303.66
  • 24 hour low: $42,494.50
  • All time high: $64,829.14
Ifunanya Ikueze
Ifunanya Ikueze

Ifunanya Ikueze is an Engineer, Safety Professional, Writer, Investor, Entrepreneur and Educator.

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