Bitcoin jumps above $17,000, ether surges 8% as cryptocurrency prices today jump

Credit: Google

Representations of cryptocurrencies Bitcoin, Ethereum, DogeCoin, Ripple, Litecoin are placed on PC motherboard in this illustration.

Credit: Google

Credit: Google

Cryptocurrency prices today rose with the world's largest and most popular digital token Bitcoin's price today was trading more than 4% higher at $1,018.

On the other hand, Ether, the coin linked to the ethereum blockchain and the second largest cryptocurrency, also rose by more than 7% to $1,272.

The global cryptocurrency market cap today remained below the $1 trillion mark, even as it was up in the last 24 hours to $895 billion

Dogecoin price today was trading more than 6% higher at $0.10 whereas Shiba Inu was up over 2% at $0.000009.

Other crypto prices' today performance also improved as Binance USD, Avalanche, Tether, Terra, Stellar, Polkadot, Solana, Uniswap, ApeCoin, Tron, Polygon, XRP, Cardano, Chainlink, Litecoin prices were trading with gains over the last 24 hours.

Crypto prices have remained under pressure this month after the collapse of Sam Bankman-Fried’s FTX empire.