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.
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.
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