The price of bitcoin and a number of digital assets saw significant gains on Monday, as the entire market capitalization of the crypto economy has gained 2.4% in the last 24 hours. Bitcoin’s value passed the psychological $50k zone after hitting a low of $43,021 the day prior on Sunday.

  • Bitcoin (BTC) touched a high on Monday, March 1, at $50,244 per unit at around 7:26 p.m. (ET). At the time of publication, BTC’s overall market valuation is around $926 billion and there’s $22.83 billion in global trade volume. The current price is over 15% higher than the low of $43,021 per unit on February 28.
  • Out of all the crypto-assets in existence, BTC’s market dominance in terms of market valuation against the $1.44 trillion in value is 61.02% today. Bitcoin is still down 8% for the week but is up 44.92% against the U.S. dollar during the last 30 days.

Crypto Markets Regain Billions, Bitcoin Price Bounces Back 15%, Analyst Says 'Resurgent Mood In the Air'

  • The second-largest market capitalization is ethereum (ETH), which is now trading for…

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Source: https://news.bitcoin.com/crypto-markets-regain-billions-bitcoin-price-bounces-back-15-analyst-says-resurgent-mood-in-the-air/