Bitcoin increased overnight earnings to over $29,000 for the first time since the end of May, helped by the launch of a new cryptocurrency exchange backed by Fidelity, Citadel Securities, and Charles Schwab. It was up 2.87% to $29,129

The price of Bitcoin has rebounded to its highest level in nearly two months, following the filing by the world's largest wealth manager Blackrock of a request to the US Securities and Exchange Commission (SEC) to list an index fund (ETF) backed by the queen of cryptocurrencies on Nasdaq currencies.

At midday on Wednesday, one Bitcoin was worth $28,900, 11.4% more than a week earlier, so its market capitalization swelled by 58 billion dollars to 560 billion.

Other cryptocurrencies have failed to keep pace with number one. This is particularly the case for its main rival ether, whose price appreciated “only” by 3.9% to 1,815 dollars, while other second-rate players have actually given up ground, like Ripple (-3.3%)

The market value of the approximately 10,000 cryptocurrencies monitored by the specialist portal CoinGecko currently amounts to $1177 billion, nearly 80 billion more than seven days ago. Bitcoin hegemony has jumped