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Bitcoin prices increased by 4.75% in the past 24 hours


Most cryptocurrencies saw gains today, Tuesday, December 19, as the value of Bitcoin rose by 4.75% over the past 24 hours. At the time of writing, it reached Bitcoin value $42,072 This rise in Bitcoin prices is significant after the asset underwent a period of price correction filled with losses recently, according to gadgets360.

The price of the Ethereum currency jumped by 3.15%, with Ether currently trading at $2,235, and ETH prices rose by $65, and the majority of cryptocurrencies achieved notable profits today, Tuesday. These currencies include Binance Coin, Ripple, Solana, and Cardano.

Other profitable cryptocurrencies include Avalanche, Dogecoin, Polkadot, Tron, Polygon, Chainlink, Shiba Inu, Litecoin, Bitcoin Cash, Uniswap, and Stellar.

The total market capitalization of cryptocurrencies has increased by 3.91% in the past 24 hours, and is currently worth $1.61 trillion according to CoinMarketCap.

According to market analysts, the impending rally and growing anticipation surrounding the Bitcoin ETF has kept trader sentiment positive, increasing the prices of this digital asset.