Cryptocurrency prices today surged with Bitcoin topping the $42,000 level. The digital token was trading over 3% higher at $42,263. The world’s largest and most popular cryptocurrency is down about 10% in 2022 (year-to-date or YTD) so far. It is about 30% far away from its record high of near $69,000 it had hit in November last year.
On the other hand, Ether, the coin linked to the ethereum blockchain and the second-largest cryptocurrency in terms of market capitalization, also gained more than 6% to $3,024. Dogecoin price gained nearly 3% to $0.12 whereas Shiba Inu was trading over 4% higher at $0.000024.
The performance of other digital tokens also improved as Polygon, Litecoin, Stellar, Terra, Uniswap, Solana, Polygon, Polkadot, Cardano surged over the last 24 hours. Meanwhile, the global cryptocurrency market capitalisation rose even as it remained below the $2 trillion mark at $1.98 trillion, more than 2% change in the last 24 hours, as per CoinGecko.