The crypto market recorded significant jumps today, with major currencies returning to levels in early January, before the two falls caused by Russia – first announcing its intention to ban crypto activity in the country and then invading Ukraine.
Bitcoin, the main currency in the market, rose by about 6% a day, bringing it to a weekly jump of 14.4%, to a current price of $ 47,277 and a market value of close to $ 900 billion.
Etherium, jumped 6.33% to a price of $ 3,346 per coin and a market value of $ 402 billion, with its weekly change standing at an impressive rate of about 15%.
Binance Coin settled for an increase of 4.79% per day and 10.36% per week, to a price of $ 435 per currency and a market value of $ 72 billion.
Ripple, which experienced a resurgence earlier this year, is also disappointing with an increase of only 3.65% today and only 6.65% last week, to a price of 87 cents per currency and a market value of almost $ 42 billion.
Cardano recorded a daily increase of 5.75% and completed a weekly jump of just over a third – 33.64% – to a price of $ 1.20 per currency and a market value of $ 40 billion.
And DogeCoin continues today to record impressive gains relative to other major currencies, with a variable rate of 6.79% per day and 23.52% per week at a price of 15 cents per currency and a market value of nearly $ 20 billion.