The cryptocurrency market returned to positive balance on Friday (14), after a brief downturn following the announcement of inflation figures in the United States.
Bitcoin, the market’s main cryptocurrency, touched as high as $18,000 during yesterday afternoon, but returned to the $19,000 level on Friday. According to CoinGecko, the price of BTC has risen 5% in the past 24 hours.
In Brazil, Bitcoin once again surpassed the R$100,000 level, selling for R$103,410.
Meanwhile, the price of Ethereum rose 6.3%, bringing ETH back to the resistance level. According to CoinGecko, ETH was selling for R$6,998 at around 9am.
The new surge, however, was only not even bigger in Brazil due to the price of the dollar. According to CoinGecko, at the last close the commercial dollar lost about 0.2%, closing at R$5.26. In the crypto market, stablecoins pegged to the dollar were being sold with prices ranging from R$5.26 to R$5.27.
Price of major cryptocurrencies today
While the two main cryptocurrencies in the market seemed to recover from the latest news about inflation, altcoins were also following their bullish course.
According to CoinGecko, the price of BNB, a coin issued by Binance and the main one on the alternative market, has risen by about 4 percent in the past 24 hours. The current price of BNB is around $1,400.
Meanwhile, the XRP, Solana (SOL) and Polygon (MATIC) coins are up about 9% after their last drop. The Cardano (ADA), Dogecoin (DOGE) and Polkadot (DOT) coins each posted a 5% rise and the Shiba Inu (SHIB) coin made a 7% profit.
In this new bullish wave, the most profitable coins were Ethereum Name Service (ENS), up 17%, Celsius (CEL) and Huobi (HT) at 14%, and UniSwap (UNI), up 11%.
Also according to CoinGecko, the DeFi tokens also registered a rise. The FLOW, MANA and APE tokens were up 5%, while the SAND and AXS tokens posted 8% in profit.
The global cryptocurrency market value was trading higher at $915.55 billion, jumping more than 3 percent in the past 24 hours. However, total trading volume jumped more than 91%, nearly doubling to $86.66 billion.