Cryptocurrency Price Today: For the First Time Since April 2022, Bitcoin Exceeds $47,000

Quick analysis of the cryptocurrency pricing on January 10: The value of the world market surged to $1.72 trillion.

The world’s oldest and most valuable cryptocurrency, Bitcoin (BTC), briefly crossed the $47,000 threshold early on Tuesday before leveling down at about $46,800 as of this writing. Not since April 2022, has the currency been able to reach the $47k peak. As anticipated, investor interest is being maintained by the anticipation of the US Securities and Exchange Commission (SEC) potentially approving Bitcoin spot exchange-traded funds (ETFs). Well-known altcoins, including as Dogecoin (DOGE), Solana (SOL), Litecoin (LTC), Ethereum (ETH), and Ripple (XRP), performed well overall. Memecoin BONK emerged as the top performer among them, with a spike of more than 27% in a single day.

At the time of writing, the value of the entire cryptocurrency market was $1.72 trillion, a decrease of 6.86 percent in a day.

Bitcoin (BTC) Price Today
According to CoinMarketCap, the price of bitcoin was $46,790.79, representing a gain of 7.61 percent in a day.

Ethereum (ETH) Price Today
At the time of writing, the price of ETH was $2,307.31, up 5.19 percent in just 24 hours.

Dogecoin (DOGE) Price Today
As of right now, DOGE is trading at $0.08034, having gained 4.96 percent in a 24-hour period, according to CoinMarketCap data.

Litecoin (LTC) Price Today
Litecoin increased 6.94 percent in a single day. When this was written, its market price was $67.06.

Ripple (XRP) Price Today
The price of XRP was $0.5735 after rising 1.68 percent in a day.

Solana (SOL) Price Today
The price of Solana was $101.84, up 15.83 percent in a day.