Bitcoin , for the third day in a row, recorded profits today, Thursday, September 7, as the most expensive cryptocurrency recorded small gains of 0.16% to trade at $25,825 in the past 24 hours, and the value of Bitcoin rose by $59 .
Ethereum joined Bitcoin in gaining Thursday. At the time of writing, ETH was trading at $1,637, after seeing a 0.49% price increase.
Shubham Hedda, Senior Director of the CoinSwitch Markets Desk, stated: “The company, ARK Invest, of large technology investor Cathie Wood, has applied for an Ethereum ETF in the US in recent days, and this represents the first attempt of its kind in the US to list such a fund that It directly invests in the second largest digital asset by market capitalization," according to Gadgets 360.
Binance Coin, USD Coin, Polkadot, Litecoin, Shiba Inu, Avalanche, Leo, and Chainlink also reported small gains.
The total market capitalization of cryptocurrencies is up 0.34% over the past 24 hours, bringing the sector's valuation to $1.04 trillion, according to CoinMarketCap.
Meanwhile, Ripple, Dogecoin, Solana, Cronos, Elrond and Bitcoin SV were among the cryptocurrencies that posted losses.