Ethereum Tests $1.5K as Bitcoin Charts Fresh Monthly High (Market Watch)

  • 📰 Crypto_Potato
  • ⏱ Reading Time:
  • 58 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 27%
  • Publisher: 51%

Business News News

Business Business Latest News,Business Business Headlines

While some altcoins such as MATIC, ETC, AVAX, and OKB are up by double-digits, ETH and BTC have charted new monthly highs.

The bulls’ control over the market continues as bitcoin spiked to a new monthly high above $22,400. Some altcoins are also well in the green, with ETH charting a local peak of its own at almost $1,500. MATIC has soared by double digits.The past several days have gone quite well for most altcoins, and Ethereum has led the charge. Perhapsby the recent 9th shadow fork going live, ETH has been on a roll.

Some other larger- and mid-cap alts have impressed on a daily scale. MATIC is among those as it has soared by 18% to $0.9. Moreover, the asset is up by over 65% in a week. ETC has seen a similar percentage surge in a day and now trades at $23. OKB and AVAX are up by around 10% to $14 and $24, respectively.Alicia BakeryThis is all you need not to miss any price action in the raging crypto markets. Start receiving this recap, for free, every day:The cumulative market cap of all crypto assets has added over $100 billion in the past two days. As a result, the metric has soared above $1 trillion for the first time in weeks.

However, the landscape is quite different now. Bitcoin reacted well to this drop and started reclaiming value rather immediately. As such, it surpassed the $20,000 mark by the weekend and evenThe past 24 hours turned out to be quite bullish as well. Bitcoin added more than $1,500 and soared to almost $22,500 where it’s currently located. This is BTC’s highest price level in over a month.

As a result, bitcoin’s market cap has neared $430 billion, while its dominance over the altcoins stays still at 42%.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 568. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Market Cap Eyes $1T: Bitcoin Taps Weekly High, Ethereum Classic Explodes 33%The crypto market cap is up to almost $1 trillion, as Ethereum Classic has soared by 33% and BTC stands at a weekly high.
Source: Crypto_Potato - 🏆 568. / 51 Read more »

Dogecoin Transactions Are Spiking as Crypto Market RecoversDogecoin creator BillyM2k highlights the massive spike in $DOGE transactions amid cryptocurrency market recovery
Source: Utoday_en - 🏆 295. / 63 Read more »

Bitcoin Rejected at $21K, Lido (LDO) Skyrockets 20% Daily (Market Watch)Bitcoin's price failed to sustain itself above $21K as the entire cryptocurrency market takes a breather following yesterday's rally.
Source: Crypto_Potato - 🏆 568. / 51 Read more »