Crypto Markets Surge, ETH Price Rallies, Bitcoin’s Tight Range Indicates Big Move Ahead – Market Updates Bitcoin News

Digital currency markets have been on the move northbound on Wednesday as bitcoin and numerous crypto assets have seen decent gains. The entire crypto-economy has once again crossed the $1 trillion mark as a myriad of digital currencies jumped anywhere between 5-20% in value during the last 24 hours.

Crypto Assets See Some Upside Price Action

Crypto supporters are pleased on Wednesday as digital currency markets are climbing again and a great number of assets have seen significant gains. The leading cryptocurrency, in terms of market valuation, bitcoin (BTC) is up 5.5% today and is currently trading just below $37k per unit.

On Wednesday morning’s trading sessions, BTC jumped to $37,161 across a number of global exchanges but slid a hair since then. With the entire crypto-economy valued at $1.07 trillion, BTC captures $682 billion (62%) of that aggregate total. Overall, BTC is up 20% for the week, 14% during the last 30 days, 134% for the 90-day span, and 297% for the year.

Crypto Markets Surge, ETH Price Rallies, Bitcoin's Tight Range Indicates Big Move Ahead
BTC/USD prices on February 3, 2021. BTC touched a high of $37,161 on Bitstamp today.

Behind BTC, is ethereum (ETH), which has seen significant gains during the last 48 hours. ETH is exchanging hands for $1,604 per unit and is up over 9% today. ETH stats are better than bitcoin’s climbing 25% for the week, 49% for the month, 273% during the last 90 days, and 724% for the year.

Crypto Markets Surge, ETH Price Rallies, Bitcoin's Tight Range Indicates Big Move Ahead
BCH/USD prices on February 3, 2021. Bitcoin Cash jumped over $440 per coin during Wednesday afternoon’s trading sessions.

The biggest gainer in today’s top ten positions is polkadot (DOT) which is up 19% at the time of publication. DOT is swapping for over $19 per unit on Wednesday. Bitcoin cash (BCH) has gained over 4.5% and holds the ninth position. At the time of writing, BCH is swapping for $440 per coin and has gained 16.28% during the last seven days.

Today’s top five gainers include stormx (STMX 169%), bao token (BAO 107%), armor (ARMOR 80%), paid (PAID 66%), and telcoin…

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