ETH Reclaims $1.9K After Shapella Update, BTC Calms at $30K Following CPI Volatility (Market Watch)

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ARB, APE, and FTX have soared the most from the top 50 coins today.

This is all you need not to miss any price action in the raging crypto markets. Start receiving this recap, for free, every day:However, the price pump was rather brief, and the cryptocurrency returned to $30,000 hours later. As of now, it trades inches above that coveted line, and its market cap has climbed to over $580 billion. Its dominance over the altcoins stands north of 47%.

Wednesday was supposed to be an eventful day for the Ethereum community as well. The second-largest blockchain went through its most significant upgrade since the Merge, calledDogecoin, MATIC, UNI, and Ethereum Classic have added similar percentages in the past 24 hours. Binance Coin, Ripple, Cardano, Solana, Polkadot, Litecoin, and Shiba Inu are also in the green from the larger-cap alts, albeit in a more modest fashion.

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