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