Cryptocurrency prices today: Bitcoin gains big, short-term holders make profits
India Today
Bitcoin punched through its 50-day average to top USD 44,000 for the first time in nearly a month.
The world's most popular cryptocurrency, Bitcoin, has broken above the USD 44,000-mark as the global crypto market by and large was trading in green.
Ending its two-month-long downtrend, Bitcoin was trading at USD 44,319, up by 3.56 per cent, according to data on coindesk.
BITCOIN GAINS
Bitcoin punched through its 50-day average to top USD 44,000 for the first time in nearly a month.
Following this upward movement in the global crypto market, short-term holders have made profits for the first time since November, according to details provided by coindesk.
PRICES OF MOST TOKENS UP
Prices of most tokens have rallied in the broader cryptocurrency market.