ChainDD Weekly: Bitcoin Hit An All-time High Above $44,000

Abstract : The total market value of digital currencies this week has gained around 163.3 billion compared with last week, with an increase of 16.15%.

ChainDD
ChainDD

Feb 08

February 8 (ChainDD) According to ChainDD Think Tank, as of February 7, 2021, the total cryptocurrency value is $1,174,266,119,985 (approximately 1174.2 billion US dollars). The total market value of digital currencies this week has gained around 163.3 billion compared with last week, with an increase of 16.15%.

The total market value of the TOP 30 cryptocurrency is $1,098,081,655,216 (about 1098.1 billion US dollars), accounting for about 93.51% of the total market value of all digital currencies, with a decrease of about 0.79% compared with last week.

This week's largest market value is Bitcoin, which is about 716.9 billion dollars, accounting for about 61.05% of the total market value.

Ethereum is in second place, which is worth about 185.9 billion dollars this week, accounting for about 15.83% of the total.

USDT comes in third, which is worth about 28.2 billion dollars, or 2.41% of the total.

Tesla announced on Monday that it would invest $1.5 billion in Bitcoin and consider accepting bitcoin as a form of payment products in the near future, according to a filing with the SEC. The price of Bitcoin rose quickly on the news.At the time of writing, bitcoin hit an all-time high above $44,000, according to CoinMarketCap.

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