Bitcoin reaches its highest level since May, Ethereum climbs 4%, while the majority of other tokens extend gains

On Wednesday, Bitcoin, Ethereum, and other cryptocurrencies continued their gains. Bitcoin has surpassed the $28,000 barrier, reaching its highest valuation since May. The worldwide crypto market valuation was $1.13 trillion, with approximately $43.1 billion in volume in the previous 24 hours.

Bitcoin
Bitcoin, the world’s largest and most popular virtual currency, increased 6.8 percent to $28,729.2. Its market capitalization was $559.5 billion. The total value of trade was $24.1 billion.

Ethereum
Ethererum, or Ether, the second largest virtual currency, climbed 4.3 percent to $1,810.9, with a market capitalization of $217.5 billion. In the last 24 hours, the trade volume of Ethereum was $8 billion.

Dogecoin
A meme-based virtual currency, increased by 2.7 percent on Wednesday. Its market capitalization was $8.9 billion. The total trade volume was $225.3 million.

Solana
Solana rose 4.4 percent to $16.8 with a market valuation of $291.6 million. Solana’s trading volume in the last 24 hours was $291.6 million.

Shiba Inu
With a market capitalisation of $4.4 billion, Shiba Inu gained 1.8 percent. In the last 24 hours, the transaction volume was $108.9 million.

Polygon
Polygon jumped 6.9 percent to $0.6 with a market capitalisation of $6 billion. The trade volume was $308 million in the last 24 hours.