- Bitcoin and other altcoins are trading in green.
- Total global crypto market cap back up by 11%.
- US and European Union cut several Russian banks from SWIFT.
After taking a severe hit from the Russia-Ukraine crisis, cryptocurrency prices are now on the rise. Bitcoin (BTC) surpasses the $43,000 mark and Ethereum (ETH) eyes a move back to $3,000.
In turn, this aligns with the total crypto market cap that amounts to $1.99 trillion. It observed an 11% jump in the last 24 hours.
At the time of writing, BTC is up 14.6% over the past 24 hours with a current price of $43,291.57 according to CoinGecko. Around this time yesterday, BTC was sitting at $37,805.24 and had plunged to as low as $34,740.01 in the past week.
On the other hand, ETH rose back to $2,914.70 after falling to this week’s lowest, valued at $2,336.15. After touching $3,000 last February, it seems like the number one altcoin is planning to backtrack to this position. Meanwhile, ETH increased by alm ...
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