The price of bitcoin rose today, Thursday, by 1.46%, reaching about $23,025.81, and the oldest coin is trading around the same price point on international exchanges such as Binance and Coinbase as well, and in terms of numbers, the price of BTC rose by about $450, in the past 24 hours.
Ether grew on Thursday, gaining 3.52%, as it opened trading at $1,607.83, according to Gadgets360.
And after November 2022, this is the first time in 2023 that the global crypto market valuation has reached and breached $1 trillion, according to CoinMarketCap, with a market capitalization of the crypto sector over $1.04 trillion.
Mudrex CEO and co-founder Idol Patel told Gadgets 360 that an increase in the price of ether is likely to keep bulls active in the market, which could drive prices higher.