Crypto market closes trading with 3.54% gain

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Activities at the crypto currency market closed trading activities on Wednesday on a positive note, gaining 3.54% to close at $2.656 trillion.

This indicates a $90.35 billion gain for crypto investors. The positive movement was largely driven by the continuous rally in the flagship crypto asset, bitcoin.

Bitcoin gained 2.43% on yesterday to close at a new record high of $65.799.09 while Ethereum also gained over 5.23% to close trade at $4,081.

XRP gained 4.67% to close at $1.14207.

This surge comes as the first Bitcoin futures-based exchange-traded fund (ETF) in the United States appeared to be on track to open after a strong launch on Tuesday.

The Bitcoin Strategy ETF, a new exchange-traded fund, linked to bitcoin futures rather than directly to the currency, rose nearly 5% on its first day of trading on Tuesday.

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Francis Ogwo
The young and goal driven writer and cinematographer started his journalism as a print journalist in Kaduna in 2005 writing for Kaduna Chronicles Newspapers, Liberator Newspapers where he became the South Bureau Chief. In 2008, he moved into TV production with an employment into Siverbird Television and Rhythm Fm as a Correspondent. He got certified by Independent Television Producers Association of Nigeria(ITPAN) in 2009. After five years of hardwork and training, he was employed as Associate Producer, Moments With Mo and subsequently Producer, Playground on HipTV. Francis currently majors in documentaries and high profile scripts for news and movies. He is currently a Senior Contents Producer at News Central TV

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