New Delhi: A return in risk appetite and a rally in stock markets sent the world’s biggest and best-known cryptocurrency Bitcoin rallying 10 per cent to a two week high on Saturday. Ethereum, the second-largest crypto in m-cap terms, also jumped 9 per cent.
Among key cryptos, Bitcoin was up 10 per cent in the last 24 hours at $41,615.37. Earlier, it hit a high of $41,983, taking gains from Thursday’s lows to nearly 16 per cent and marking a 27 per cent rise from the year’s low of $32,950.72 on January 24.
Ethereum was quoting at $3,030.08, up 8.57 per cent.
Most of the 10 top digital tokens were trading with strong gains on Saturday. Solana climbed up 10.82 per cent, taking its 7-day rise to 23 per cent.
Polkadot soared 15.37 per cent, taking its 7-day rise to 20 per cent. At the same time, Terra was up 11.53 per cent. BNB, XRP and Cardano gained 9-12 per cent. Tether was trading flat.
Dogecoin, number 11 in m-cap terms, was up 5.55 per cent while Avalanche, number 12, advanced 14.5 per cent.
The global crypto market cap stood at the $1.64 trillion mark. The total crypto market volume jumped close to 63 per cent to $106.29 billion.
