Cryptocurrency Prices Moved Up, BTC, ETH, SOL Jumps 9% Today

Cryptocurrency Prices Jumps

The world’s biggest and most famous cryptocurrency Bitcoin has moved up today. Bitcoin jumped 9.63% in 24 hours volume and is up 23.2% from the year’s low of $32,950.72 on January 24.

Major cryptocurrencies including Ethereum, Binance Coin, Solana, Terra, Polkadot, and others have also jumped up. According to Coinmarketcap on 05 February 2022, Bitcoin is trading at $41,411.55 (9.14% Up), Ethereum $3,016.30 (6.04% Up), Solana $114.83 (10.38% Up), Cardano $1.14 (7.31% Up).

Metaverse related coins including Decentraland, Gala Games, The Sandbox, MyNeighbourAlice, Axie Infinity has also jumped more than 10% in 24 hours.

In the Union Budget 2022, the government has already cleared that cryptocurrencies will not be a legal tender in India. The investors will have to pay 30% tax on gains from trades of virtual digital assets. There will be a 1% TDS on transactions of virtual digital assets.

Cryptocurrency NamePrice (In USD)24-Hour Change (In Percent)
Bitcoin (BTC)$41,723.925.75%
Ethereum (ETH)$3,045.015.90%
Solana (SOL)$116.277.97%
Cardano (ADA)$1.156.57%
Binance Coin (BNB)$421.9810.56%
Decentraland (MANA)$2.9911.44%
The Sandbox (SAND)$4.3915.62%
Shiba Inu (SHIB)$0.000023218.15%
Dogecoin (DOGE)$0.14895.11%
Polygon (MATIC)$1.748.01%
This Data is according to CoinMarketCap on 05 Feb 2022
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I am Pawan Kashyap currently living in Amritsar. I always try to grab new things from the cryptocurrency market. From my observations and trends in the market, I always try to provide the best and accurate information in the form of articles from this blog. Follow us on Facebook, Instagram, and Twitter to join us.
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