News Report
July 28, 2022

MPost Markets: Bitcoin is nearing $23k; ether up by 11%

Metaverse Markets' Review

Cryptocurrencies are making up for the recent price drops, with some seeing impressive price increases.

Bitcoin is in the green, up by 7.59% since yesterday. The coin is making wide strides towards $23k, with the price now being $22,907.77.

Bitcoin seven-day chart.

Ethereum’s ether has been seeing a very decent price increase over the last 24 hours. Ether is now trading at $1,615.58, and it has already managed to recuperate from the latest price drop, seeing an 11.17% price uptick since yesterday and a 7.87% seven-day increase.

Binance’s BNB is up by 4.31%, while XRP has seen a 5.38% price increase. Cardano’s ADA is up by 6.33%, Solana SOL by 8.98%, and Dogecoin DOGE by 5.75%. Lido DAO is still going strong, seeing the largest price increase over the last 24 hours, and is up by 36.41%. Synthetix SNX, Uniswap UNI, and Bitcoin Cash BCH are also experiencing significant price hikes—up by 26.28%, 23.45%, and 21.76%, respectively.

Metaverse cryptos are also seeing a huge uptick in prices and trading. The market cap is up by 8.23%, while trading volume has risen by nearly two-thirds, definitely a turn for the best. ApeCoin APE is up by an impressive 11.45%, Flow by 9.36%, and Decentraland’s MANA by 6.91%. The Sandbox’s SAND and Tezos XTZ are also seeing price increases of 6.45% and 4.26%, while Axie Infinity AXS is up by nearly 8%.

ApeCoin chart.

XMON is topping the price increases seen among NFT-related cryptocurrencies, up by 32.52% since yesterday and 96.42% over the last seven days. MyNeighborAlice ALIVE and Unisocks are also doing very well, up by 24.98% and 23.55%.

The Metaverse Index is also on the rise, no surprise considering all the price increases. Up by 8.22%, the token is now trading at $41.76.

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Disclaimer

In line with the Trust Project guidelines, please note that the information provided on this page is not intended to be and should not be interpreted as legal, tax, investment, financial, or any other form of advice. It is important to only invest what you can afford to lose and to seek independent financial advice if you have any doubts. For further information, we suggest referring to the terms and conditions as well as the help and support pages provided by the issuer or advertiser. MetaversePost is committed to accurate, unbiased reporting, but market conditions are subject to change without notice.

About The Author

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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Karolina Gaszcz
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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