September 27, 2022

Movements of the exchange rate of bitcoin and other cryptocurrencies for the week

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As on September 12, 2022, the Bitcoin exchange rate was at $22,009, up 11.51% from the same period last week. Traders noted the emergence of positive sentiment in the cryptocurrency market. However, numerous social media users stressed that the Fear & Greed Index was still at 25, indicating extreme fear among traders.

The total supply of BTC coins on the market amounted to $419.98 billion. The virtual currency, as always, was in first place in terms of the current indicator by a huge margin from all the others. As for other cryptocurrencies that are among the top ten in the market in terms of maximum capitalization, they have also risen in price over the past 7 days.

Thus, Ethereum (ETH) was trading at $1,745, or 11.75% more than a week ago. The total supply of coins circulating on the market was $213.01 billion. As for Binance Coin (BNB), it added 7.48% in price over the past 7 days. This digital currency was sold at $295.14, or 7.47% more than last week’s figures. The total capitalization was $47.58 million.

The Ripple cryptocurrency has risen in price by exactly 8% and was trading on exchanges at an average price of $0.351, with a total coin supply of $17.55 billion.

Cardano (ADA), Solana (SOL) and Polkadot (DOT) gained 4.35%, 11.22% and 3.68% respectively. ADA was worth $0.508, SOL was worth $35.22, and DOT was worth $7.74.

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