All of the top 10 stocks rose, and 97 of the top 100 saw their prices rise.
According to CoinMarketCap, the bitcoin price rose 8.96% from 24 hours ago to $29,838.07 as of 9:00 am New York time.
Ethereum 7.32%, BNB 4.05%, XRP 5.62%, Cardano 8.89%, Dogecoin 5.83%, Polygon 9.61%.
At this time, the market capitalization of the cryptocurrency market was $ 1,231.8 billion, and the share of Bitcoin increased to 46.9%.
Source: CoinMarketCap (as of April 26, 9:00 am New York time)
Bitcoin futures on the Chicago Mercantile Exchange (CME) recorded $29,925 in April, up $2,320, and $3,095 in May, up $2,315.
The price of Ethereum futures was traded at $1958.00 with an increase of $119.00 for the April contract, and $1967.50 for the May contract with an increase of $121.50.
The price of Bitcoin is soaring amidst a massive bank run at the First Republic Bank (FRC) in the United States and growing concerns about the second Silicon Valley operation.
The surge in the cryptocurrency market follows news that deposits at FRC, the 14th-largest bank in the US, fell by more than 40% during the first quarter.
A massive leveraged liquidation took place while Bitcoin soared to $29,000.
According to Coinglass data, about $100 million worth of leveraged positions were liquidated in the past 24 hours, of which more than 80% were short positions.
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Bitcoin soars 6% to $29K amid First Republic crisis
2023-04-26 13:00:00
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