MPost Markets: Cryptocurrency prices rise slightly amid a bear market

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Cryptocurrencies are in the green, but seven-day price changes remain in the negative.

Bitcoin prices have remained relatively stable over the weekend. Trading at $19,568.11, the coin has increased 2.42% since yesterday. However, the overall trend remains negative—Bitcoin has seen an 8.37% price drop over the last seven days.

Bitcoin seven-day price chart.

Ethereum’s ether is also in the green. Up by 1.65%, it’s now trading at $1,078.74. Binance’s BNB is now $222.02, up by 1.82%. XRP, Cardano’s ADA, and Solana SOL have all seen price increases of 2.26%, 0.87%, and 2.61%, respectively. Apart from TerraClassicUSD seeing a 12.72% price jump, THORChain’s RUNE and Arweave AR are the two coins that have seen the biggest price increases, of 11.36% and 10.53%.

Most metaverse coins are also seeing a price uptick. Flow is up by 3.26%, Decentraland’s MANA by 4.84%, and The Sandbox’s SAND by 8..57%. On the other hand, ApeCoin is in the red, albeit just by 0.80%. There are also three coins that have seen price increases of over 10%—Origin Protocol OGN, up by 31.66%, CEEK VR, up by 21.47%, and Boson Protocol, up by 13.65%.

Despite price increases, the price of the Metaverse Index is in the slump; down by 0.21%, the token is trading at $36.14.

MVI seven-day price chart.

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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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