Bitcoin (BTC) has surpassed $24,100 for the second time this month.
As of 10:00 p.m. UTC on Feb. 15, Bitcoin was valued at $24,103. That worth signifies that the cryptocurrency now has a market cap above $465 billion.
The asset’s worth briefly reached this stage throughout one other rally earlier this month. On Feb. 1 and on the next morning, it was valued near its present worth.
Aside from these temporary beneficial properties, Bitcoin has not seen its present market worth since August 2022. As such, costs this month characterize a six-month excessive.
Although there was little optimistic information at present, an absence of dangerous information might have helped Bitcoin acquire worth. Particularly, an absence of regulatory crackdowns at present could also be to credit score for the asset’s beneficial properties. Although regulators took motion towards Kraken and Paxos over the previous week, there have been no high-profile actions towards the crypto sector at present.
By way of percent-based beneficial properties, Bitcoin’s worth rose 8.4% over the previous 24 hours. Its major competitor, Ethereum (ETH), noticed barely smaller beneficial properties of 6.9% at present.
Different cryptocurrencies within the “Prime 10” class carried out equally. Binance’s BNB token (BNB) was up 5.9%, Ripple’s XRP token (XRP) was up 5.3%, Cardano (ADA) was up 4.1%, Dogecoin (DOGE) was up 5.6%, and Polygon (MATIC) was up 4.5%.
