On the night of Monday, March 13, quotations of the first cryptocurrency rose sharply from the mark of $20 to levels above $200. After the opening of trading in the United States, there was a significant sell-off in shares of the banking sector. Bitcoin price responded by rising above $22.
On Tuesday, March 14, digital gold continued its recovery, crossing the $26 mark. Bitcoin breached the $000 mark on Friday, March 17. At the time of writing, the asset is trading at $27, up 000% for the week.
Following Bitcoin, all cryptocurrencies from the top 10 by capitalization went to the green zone. According to CoinGecko, BNB (+23,6%) and Ethereum (+21,6%) rose in price the most during the week.
The total capitalization of the cryptocurrency market exceeded $1,2 trillion.
As a result of another recalculation, the difficulty of mining the first cryptocurrency increased by 1,16%. The indicator updated the historical maximum at the mark of 43,55 T. The average hash rate of the network is at the mark of 315 EH/s.
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