Bitcoin has turned over $ 52,000 with purchases after US Federal Reserve (Fed) Governor Jerome Powell said that he sees cryptocurrencies as "speculation tools rather than a means of payment", with the sales that come down to the level of $ 50,000.
Bitcoin, which fluctuated between $ 50,856.57 and $ 53,392.39 in the last 24 hours, rose 0.96 percent to $ 52,900.35, while the weekly loss of the unit was calculated at 9.13 percent. Bitcoin's total market volume also decreased by about $ 1 billion to $ 983.44 billion.
Ethereum, the second largest unit of crypto money markets, also rose 3.01 percent in the last 24 hours to $ 1,625.27, with a weekly loss of 9.12 percent; The market volume of the unit also increased to $ 187.03 billion.
Tether, the third largest unit of the crypto money markets, rose 0.06 percent in the last 24 hours to $ 1, while its weekly loss was 0.01 percent; The market volume of the unit was at the level of $ 40.27 billion.
The total market volume in all markets increased by approximately 19 billion dollars to 1 trillion 652 billion dollars. With the rapid climb after institutional interest in the cryptocurrency markets, the total market volume exceeded $ 1 trillion for the first time on January 7 and $ 1.5 trillion for the first time on February 15.
