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The value of Bitcoin (BTC) has recorded an increase of over 2% in the last 24-hour time frame, reaching a price level of $27,400. The cryptocurrency market has started the day on a high note influenced by the value increase in the leading cryptocurrency, Bitcoin. The total market value of the cryptocurrency ecosystem has reached $1.13 trillion, according to data from CMC, while Ethereum (ETH) has significantly approached the price level of $1830.
Cryptocurrency Market on the Rise
On the other hand, due to the volatility in the cryptocurrency market, Coinglass data shows that $75 million worth of short and long positions were liquidated in the last 24 hours.
Value Increase Approached 20%
With Bitcoin, the leading cryptocurrency, reaching $27,400, the cryptocurrency market started the day with an increase, and many altcoins in the cryptocurrency market recorded various rates of value increase during the day. Influenced by this uptrend in the cryptocurrency market, Render Token (RNDR) started to rise during the day and recorded a near 20% increase in value within the last 24-hour timeframe, beginning to trade from price levels of $2.35.
In recent times, Render Token (RNDR), one of the popular cryptocurrencies in the market due to its highly volatile price movements, according to CMC data, was the number one cryptocurrency in the top 100 cryptocurrencies by market value, recording the highest rates of value increase within the last 24 hours.
