Cryptocurrency resumed growth with a significant increase in market capitalization

Cryptocurrency resumed growth with a significant increase in market capitalization

Most Popularcryptocurrencies resumed growth on Thursday witha significant increase in market capitalization (exceeded the $ 1 trillion mark), although this looks more like wide fluctuations, since investors cannot yet determine the further direction of movement.

In addition, digital assets were undersome pressure after the statement of the head of the European Central Bank (ECB) Christine Lagarde that bitcoin is a highly volatile, illiquid and speculative instrument.

After this statement, Lagarde called for the global regulation of the most popular cryptocurrency.

Against the backdrop of such events, the Bitcoin exchange rate per day, according toaccording to Libertex, jumped by 11% to $37,751 with a capitalization of $699.2 billion. Ethereum rose in price by 7.3% to $1,114 with a capitalization of $126.7 billion. XRP rose in price by 1.2% to $0.2956, its capitalization amounted to $13.4 billion. Litecoin strengthened by 10.1% to $147.1 with a capitalization of $9.7 billion.

The total cryptocurrency market capitalization reached $ 1.007 trillion.

Probably in the near future the crypto market will continuemaintain increased volatility. However, Bitcoin has a chance to return to the $ 40,000 mark again, Ethereum can grow to $ 1,200, XRP to $ 0.32, and Litecoin to $ 155.