Cryptocurrency prices today: Bitcoin climbs above $57,000 …

Prices of major cryptocurrencies rose sharply on Thursday. All popular virtual coins rose as Bitcoin and Ether led the charge.

Bitcoin, the worlds largest cryptocurrency, was trading at $57,622, rising more than 4 per cent in the last 24 hours.

Meanwhile, the most popular altcoin, Ether, was trading at $3,612 or more than 4 per cent higher.

Most other altcoins were also trading on the green side, including XRP, Cardano, Polkadot, Stellar, Dogecoin, Polygon and Litecoin.

The global crypto market cap increased more than 2 per cent to $2.38 trillion compared to last day. However, the total crypto market volume soared over 10 per cent to $115.60 billion.

Commenting on the gains, Edul Patel, CEO and Co-founder of Mudrex, a global algorithm-based crypto investment platform, said, "Over the past 24 hours, the cryptocurrency markets have witnessed high volumes which resulted in the price increase of major altcoins after days of consolidation."

"The largest cryptocurrency by market cap - bitcoin, which had a massive rally in the past week, has continued its rise and new ATH after 12th May. Many altcoins have performed well and the growth across sectors is impressive," Patel added.

Cryptocurrency

Price (US Dollar)

24-hour change

Market cap

Volume (24 Hours)

Bitcoin

57.622.91

4.38%

$1.09 trillion

$1.57 billion

Ether

3,612.58

4.63%

$425.14 billion

$919.93 million

Dogecoin

0.234936

5.41%

$30.89 billion

$1.38 billion

Litecoin

179.04

5.63%

$12.31 billion

$87.58 million

XRP

1.12

3.35%

$112.37 billion

$4.65 billion

Cardano

2.17

3.68%

$70.51 billion

$174.18 million

DISCLAIMER: The cryptocurrency prices have been updated as of 12:40 pm and will change as the day progresses. The list is intended to give a rough idea about popular cryptocurrency trends and will be updated daily.

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