The cryptocurrency “Bitcoin” jumped 15.3% during Tuesday’s trading to 6,732.1 dollars, with a market value of 123.09 billion dollars, in conjunction with continuing concerns in the markets about the continued spread of the Corona virus globally
According to the data of the “Queen Market Cap” website, the market value of all virtual currencies increased to 187.24 billion dollars, compared to the level of 163 billion dollars recorded 24 hours ago.
Stock markets around the world witnessed a relatively recovery on Tuesday, after sharp losses during the past few days due to the failure of all government stimulus steps and the actions of major central banks to support risk appetite.
“Ethereum” jumped by 14.5%, recording $ 141.3, with a market value of $ 15.57 billion, and “Ripple” currency increased by 7.9% to $ 0.1624 with a market value of $ 7.12 billion, to occupy the second and third positions in the list of the five largest currencies in terms of Market value.
The “Tether” coin occupies the fourth position, and it is the currency that witnesses relative stability in its movements due to the value of its value being pegged to the US dollar. It decreased marginally by 0.07%, recording one dollar.
Bitcoin is the most popular digital currency in terms of market value, and it makes up 66% of the total value of cryptocurrencies around the world.
The digital market has witnessed a situation of acute fluctuation recently, with the situation worsening about the accelerating spread of the Corona virus, which now occupies 168 countries around the world, with more than 383,000 infections and more than 16,000 deaths.