Cryptocurrency markets have gathered fresh gains this weekend, as bitcoin’s value spiked above the $60k handle touching $61,222 per unit during the early morning trading sessions on Saturday (EST). Moreover, a number of digital assets saw price jumps as well, as the entire market capitalization of all 9,190 crypto-assets in existence is over $2 trillion today.
A touch after 1 a.m. (Eastern Standard) on Saturday, the market valuation of the entire crypto-economy jumped 3% higher. Bitcoin (BTC) touched a high of $61,222 per unit coming awfully close to the all-time high (ATH) the crypto asset captured last month. Currently, BTC is trading just above the $60k handle after losing some of the gains from the hours prior. BTC is still up over 2% today and has a market cap of around $1.1 trillion.
The second-largest market held by ethereum (ETH) is up 3% on Saturday and each ETH is swapping for $2,144 per unit. While BTC’s market dominance among the 9,190 crypto-assets in existence is 55%, ether markets captured 12.1% this weekend. Three digital assets command just above 2% or more of the entire crypto economy’s valuation which includes BNB, USDT, and XRP.
BNB is up a lot on Saturday, as 24-hour stats show the token is swapping for $478 per unit and has gained more than 7% during the last 24 hours. XRP is up a whopping 20% against the U.S. dollar and is trading for $1.22 per coin.
Other notable gainers in the top twenty crypto-asset list include bitcoin cash (BCH) up 2.8%, filecoin (FIL) up 6.2%, stellar (XLM) up 9.2%, and vechain (VET) up 8% on Saturday.
The biggest gainer today is bit-z token (BZ), which has climbed a whopping +16,448% today and is followed by electrify asia token (ELEC) up over 200%.
Saturday’s biggest losing crypto market belongs to beetle coin (BEET), which has lost over 53% and then thrive token (THRT) is down more than 38%. At press time some market cap aggregators say the valuation of the entire crypto-economy is $2.04 trillion while others say $2.033 trillion on Saturday morning.
Want to see all the cryptocurrency market action in real-time? Check out markets.bitcoin.com today!
What do you think about this weekend’s cryptocurrency market action? Let us know what you think about this subject in the comments section below.
Image Credits: Shutterstock, Pixabay, Wiki Commons
Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.
Read disclaimer