On Thursday, most coins declined, adding to their losses from the previous session. The market capitalization of all cryptocurrencies was $1.07 trillion, with a volume of roughly $47.7 billion over the previous day.

The biggest and most well-known virtual money in the world, Bitcoin, increased 0.2 percent to $23,486.3. It was valued at $453.8 billion on the market. The value of the transaction was $24.3 billion.

Following the release of US Consumer Confidence statistics on Wednesday, Bitcoin fell towards $24,000 before recovering and reaching the $23,500 mark. BTC has risen by more than 1% over the last 24 hours. To experience a major upswing in the upcoming days, it will need to recover further as it still seems somewhat vulnerable.

Ethererum, also known as Ether, the second-largest virtual currency, increased 0.6 percent to $1,648.2 and reached a market capitalization of $201.8 billion. In the previous day, Ethereum trades were worth almost $7.6 billion.

“Trades for Ethereum ranged between $1,613 and $1,650, up 2% from the prior day. The $1,600 and $1,550 levels provide instant support for ETH, while the $1,670 level continues to be a point of resistance.”

A virtual currency founded on memes, decreased 1.2 percent on Thursday. It was valued at $10.8 billion on the market. There were $265 million worth of transactions.

Solana decreased 1.1 percent to $22.1 and now has a $8.3 billion market value. In the previous 24 hours, Solana saw $342.6 million in trading.

Shiba Inu
Shiba Inu market capitalization decreased by 1.8 percent to $6.6 billion. In the previous 24 hours, there were $169.9 million in trades.

Polygon, with a market capitalization of $10.2 billion, decreased by 0.6 percent to $1. In the previous day, there were $6.1 billion worth of transactions.

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