Here Are The Crypto Leading The Market Recovery With 50% Gains
The crypto market has managed to sustain its bullish momentum and reclaimed the $2 trillion market cap. Bitcoin and Ethereum seem to have pushed the market from the mid $30,000, and to its current levels. Related Reading | Only In Crypto: A Croissant Explains Ethereum Hottest Trends Post Merge The first and second crypto by market cap has seen a surge of new bullish narratives. The upcoming “Merge” and Bitcoin has pristine collateral seem to have provided additional support for the current momentum. Both ETH and BTC recorded around 17% profits in the last week, as the crypto market....
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Ethereum has been testing the $2,300 price resistance range during the recent market recovery posed by the market. Total crypto market capitalization has seen gains of 2% over the past 24 hours. This translates to about $70 billion in market cap gains over the last day. This new recovery comes in light of the news […]
Altcoins have been bigger winners than bitcoin in the recent recovery. Even though the latter led the recovery, the smaller cap coins have been making all of the waves in the space, outperforming other indexes and bitcoin included. All of this has pointed to an altcoin season after a purported ‘crypto winter’ and the gains recorded so far in February are additional proof of this. Small Cap Index Takes The Lead The whole of the crypto market had suffered from the downtrend that began in December. However, the second week of February had come to some reprieve with double-digit gains across....
The decentralized finance (DeFi) space has not been left out of the relief rally that has been rocking the crypto market. While other top coins are doing well, the DeFi tokens seem to have taken this one step further as they make a splash across the charts. With Ethereum leading the charge, these DeFi tokens […]
The recent market recovery has seen digital assets such as Bitcoin and Ethereum put on significant amounts of value over the last couple of days. However, there have been some who have been market leaders in this regard, and Ethereum is one of them. The digital asset had rallied upwards due to the announcement that the Merge was happening in September, but that is not the only aspect where the second-largest cryptocurrency in the crypto market had recorded a recovery. Ethereum Steals Market Dominance Ethereum’s rally above $1,500 had seen its market cap grow above $190 billion once more.....
After yesterday’s crash, the crypto markets showed signs of recovery today, as many major currencies showed moderate gains of around 2% over the past 24 hours. Out of the top 10 currencies, Ethereum Classic registered the most gains, climbing nearly 13.5%. Ethereum trading volume passes Bitcoin. After reaching as low as $175 yesterday, Ethereum climbed back this morning, nearing the $200 mark. The Ethereum market was very active yesterday, leading all currencies in the trading volume category, with more than $1.3 billion in Ether changing hands. Bitcoin continues bearish trend. After....