Since the beginning of January, the value of Bitcoin (BTC) has increased by 90%.
On Thursday, July 6, during European trading, the BTC rate strengthened to $31,504, the highest level since June 8, 2022. Ether (ETH) jumped to $1945 while Binance Coin (BNB) hit $243.
The rest of the top cryptocurrencies are also traded in the black. Solana (SOL) and Litecoin (LTC) were the top performers, rising 4% to $20.3 and $105, respectively.
Bitcoin is back to values last seen before the crash of Three Arrows Capital hedge fund.
Bloomberg analysts have recorded an increase in interest in digital currencies after the applications of BlackRock and Fidelity to issue spot crypto ETFs focused on bitcoin.
Shares of companies associated with the blockchain industry also showed a noticeable increase in early July. For example, the capitalization of the crypto exchange Coinbase and miners Riot and Marathon increased by more than 10%.
