MPost Markets: All major cryptos are in the green


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Most cryptocurrencies are experiencing an uptick.

Bitcoin is doing much better than last week, having crossed the 30k threshold and trading at $30,668.07, a 5.83% rise. Similarly, Ethereum’s ether is experiencing an even more considerable rise of 7.14% and is now trading at $1,903.12.

Binance’s BNB and XRP are both doing better now. BNB’s price has risen by 5.12%, while XRP’s by 4.05%. Waves WVS, Helium HNT, and ThorChain’s RUNE have experienced the biggest uptick of 31.34%, 20.25%, and 19%, respectively.

Bitcoin 24-hour price change. Source: CoinGecko.

This positive change was seen in the stock market last week. While it is definitely too early to make any judgments, it does seem that crypto markets are stabilizing.

Binance’s BNB and XRP are both doing better now. BNB’s price has risen by 5.12%, while XRP’s by 4.05%. Waves WVS, Helium HNT, and ThorChain’s RUNE have experienced the biggest uptick of 31.34%, 20.25%, and 19%, respectively.

This positive change was seen in the stock market last week. While it is definitely too early to make any judgments, it does seem that crypto markets are stabilizing.

“U.S. markets saw a modest revival last week with stocks rising across the board,” Simon Peters, market analyst at eToro, told CoinDesk. “Although crypto didn’t see quite the same revival, prices have now been holding steady in major cryptos such as bitcoin, suggesting a ‘calm’ of sorts before any fresh commitment to the market is made by large players.”

Metaverse Index (MVI) is doing much better this week as well. The price has risen by 5.96%, and MVI is now trading at $54.14. The positive change has also affected the metaverse cryptocurrencies, with most of them in the green. Flow prices are up by 8.06%, ApeCoin APE 12.61%, Decentraland’s MANA 11.82%, and Tezos 9.79%.

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Disclaimer

Any data, text, or other content on this page is provided as general market information and not as investment advice. Past performance is not necessarily an indicator of future results.

Karolina Gaszcz

Karolina is a writer and journalist with a background in literary studies. She loves exciting tech solutions and art, and NFTs are often a perfect amalgamation of the two. Outside of work, she’s a plant mom, a vintage fashion enthusiast, and a gamer.

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