MPost Markets: Cryptocurrencies remain volatile

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Most cryptos are back in the green, but they remain volatile and prices continue to fluctuate.

With another swing in prices, bitcoin is back above the $30k mark. Although it experienced a surge past $31k, it is now trading at $30,440.41. This is still over a 3.36% rise over yesterday’s price.

Bitcoin price over 24 hours. Source: CoinGecko.

Ethereum’s ether has experienced a similar rise of 3.21% and is now $1,808.84. Binance’s BNB is up by 5.38%, Cardano’s ADA by an impressive 9.23%, XRP 2.53%, and Solana SOL by 3.84%. Theta Network THETA and Chainlink LINK have experienced the most significant price surges of 14.10% and 13.69%, respectively.

On the metaverse front, we’re seeing similar price rises. Flow is up by 2.53%, Decentraland’s MANA by 5.02%, ApeCoin APE by 0.62%, and The Sandbox’s SAND by 2.77%. Tezos, unfortunately, has seen a small decline in price and is now trading 3.46% below yesterday’s price.

Among the best performing NFT-related cryptocurrencies, we have Dego Finance DEGO, with a 30.48% price uptick, VIDT Datalink which is experiencing a 20.05% rise in price, and BakeryToken BAKE, up by 17.40%.

Metaverse Index MVI has also experienced a small price increase, now trading at $49.72, 1.64% more than yesterday.

MVI price over 24 hours. Source: CoinGecko.

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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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