| The world's largest and most popular virtual currency, Bitcoin, rose 5.2 percent to $16,681.5. Its market value stood at $322 billion. The trade volume was at $47.5 billion.
"Bitcoin started the week trading at the $16,700 level as volatility in the crypto market continued following the collapse of FTX. BTC’s support now lies at $15,500, while the resistance holds at $17,200," said Edul Patel, CEO and Co-Founder of Mudrex.
Ethereum | The second largest virtual currency, Ethererum or Ether, jumped 5.9 percent to $1,251.2 with a market capitalisation of $154.1 billion. The trade volume of Ethereum was almost $17.5 billion in the last 24 hours.
On Ethereum, Patel said, "Ethereum has bounced off its support level at $1,180. It is likely that ETH might consolidate around the $1,220 area. If buyers can hold the gained initiative, the correction may lead to the test of the $1,300 zone this week."
Dogecoin | Meme-based virtual currency, Dogecoin, jumped 6.1 percent to $0.9. Its market value stood at almost $8.1 billion. The trade volume was at $878.2 million.
Solana | Solana surged 11.6 percent to nearly $14 with a market capitalisation of $5.1 billion. The trade volume of Solana was $1.3 billion in the last 24 hours.
Shiba Inu | Shiba Inu rose 3.8 percent with a market capitalisation of $5 billion. The trade volume was $241.3 million in the last 24 hours.
Polygon | Polygon rose 5.6 percent to $0.9 with a market capitalisation of $8.1 billion. The trade volume was $875.1 million in the last 24 hours.
