Cryptocurrency price .. “Ethereum” approaches $ 3,500, “Bitcoin” is declining

Today, on April 3, 2022, cryptocurrency prices fluctuate amid a global holiday for commodity markets and international stock markets.

And today the market value of cryptocurrencies has reached about $ 2.15 trillion.

The positive results of US jobs have increased the attractiveness of investing in cryptocurrencies and the risk appetite among investors, especially as US job growth generally loses its luster as investors seek to benefit by raising interest rates by investing in securities at this time. Income and cryptocurrencies.

A recent report by investment firm VanEck Associates showed that the digital currency Bitcoin could reach $ 1.3 million and that gold could cross $ 31,000 an ounce.

The company added that while the United States and Western nations have imposed sanctions on Russia, it could reduce demand for traditional currencies by hoarding assets, including the dollar, the euro, gold and the Chinese yuan. Demand for this specialty has grown significantly as a result of recent corporate scandals.

As a result of this demand, the prices of some assets, especially bitcoin and gold, which are considered by investors to be safe havens, may lead to an increase in their prices.

The price of bitcoin today

Today, Sunday, the price of Bitcoin (BTC) (the world’s largest and most popular digital currency) fell 0.29% to $ 46,349.67.

When it appeared on Bloomberg TV last Tuesday, Galaxy Digital CEO Mike Novogratz predicted that Bitcoin (the world’s largest cryptocurrency) would reach $ 500,000 in 5 years.

Bitcoin was priced at $ 68,992 on November 10.

Today’s cryptocurrency rates

Ethereum (ETH) rose 035% to $ 3,495.31.

See also  Fears of the central bank's next move are dominating European stocks

Binance coin BNB is down 1.46% at close to $ 444.

The XRP currency rose 1.25% to $ 0.832100.

The Cardano was down 1.34% at $ 1.17.

And polka dot price rose 3.45% to $ 23.15 levels.

The DOGE / USD is down 1.74% at $ 0.140961.

  • Nadia Barnett

    "Award-winning beer geek. Extreme coffeeaholic. Introvert. Avid travel specialist. Hipster-friendly communicator."

    Related Posts

    • Economy
    • November 2, 2024
    • 23 views
    Emils Kerimovs on Wealthtech Revolution: Investing in the Middle East and Africa

    The wealth management landscape is undergoing a dramatic transformation, fueled by the rise of financial technology (fintech), according to fintech entrepreneur Emils Kerimovs. No longer exclusive to the ultra-wealthy, innovative…

    UAE Powering Gaming Boom in the Middle East

    The gaming industry in the Middle East is experiencing a growth spurt, with Saudi Arabia and the United Arab Emirates (UAE) among the countries attracting major investments. However, this digital…

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    You Missed

    How to Choose the Right Mattress: Find the Best Fit for You

    How to Choose the Right Mattress: Find the Best Fit for You

    Emils Kerimovs on Wealthtech Revolution: Investing in the Middle East and Africa

    Emils Kerimovs on Wealthtech Revolution: Investing in the Middle East and Africa

    Forex Brokers Review: Is ITBFX A Safe Broker?

    Forex Brokers Review: Is ITBFX A Safe Broker?

    Best Kitchen Renovation Ideas to Upgrade Your Space

    Best Kitchen Renovation Ideas to Upgrade Your Space

    Where to Get a Professional Massage in Dubai

    Where to Get a Professional Massage in Dubai

    Dog Spay Surgery 101: Benefits, Risks, Cost, and Aftercare

    Dog Spay Surgery 101: Benefits, Risks, Cost, and Aftercare