The Bitcoin exchange rate soared by 5% per day

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The cryptocurrency market has shown a sudden rise over the last 24 hours as of October 26, 2022. The total capitalization of all virtual assets jumped by almost 5%, reaching $1.01 trillion. Flagship digital asset Bitcoin (BTC) gained 4.74% in value over the past 24 hours to trade at $20,159, once again breaking the key $20,000 mark.

The market capitalization of the virtual currency was fixed at $388.15 billion. Daily trading volumes soared by 286.6%, reaching a value of $106.31 billion.

In addition, many cryptocurrencies from the top 10 rating have also seriously risen in price. So the second largest virtual currency by capitalization Ethereum (ETH) grew in price by 10%. Its quotes froze at $1479, and the total supply of coins circulating in circulation was $181.47 billion. Traders were also very active and provided transactions with a digital asset worth $32.6 billion.

An even more successful result in terms of profitability was demonstrated by the virtual currency Cardano (ADA), whose price added 11.39% over the reporting period and reached $0.402. The total supply of coins on the market was $13.74 billion, and daily trading volumes reached $1.3 billion.

Solana (SOL) and Dogecoin (DOGE) also saw a significant increase in quotes. They added 9.63% and 9.87% respectively. The first cryptocurrency was trading at $31.13, while the second was available for purchase on exchanges at an average cost of $0.065. The capitalization of SOL was $11.18 billion, DOGE – $8.75 billion.

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