MPost Markets: Ether price reaches $1,481
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Bitcoin has been doing well over the weekend, working towards recovering its former price. Since Friday, the price of the coin has risen by more than $1,300, and it’s now trading at $22,204.96. Just over the last 24 hours, bitcoin has seen an uptick of 4.61% and a weekly price increase of 8.10%.
However, bitcoin’s recovery is nothing compared to that of Ethereum’s ether. Up by nearly 10% over the last 24 hours, the coin is now trading at $1,481.28. This is an amazing price increase, especially when the price of ether was oscillating around the $1k mark just last week. Over the last seven days, ether’s value has risen by 28.58%.
Other major cryptocurrencies are also in the green. Binance’s BNB is up by 3.86% and is now worth $261.27. XRP is up by 4.50%, while Cardano’s ADA is up by more than 10%. Solana SOL has also seen a decent price increase of 6.93%.
Metaverse coins have seen even more impressive price increases, with the market cap increasing by 8.35% and trading volume up by an impressive 38.81%.
ApeCoin has overcome Flow as the top metaverse cryptocurrency by market cap size. Up by 20.04%, ApeCoin is now trading at $6.00. Flow has seen a price increase of 7.05%, Decentraland’s MANA 6.76%, The Sandbox’s SAND 9.22%, Tezos XTZ 7.05, and Axie Infinity AXS 10.85%.
Apart from ApeCoin, there are other NFT-related cryptos doing amazingly well, such as NFT Worlds WRLD, up by 22.82%, YooShi YOOSHI, up by 20.67%, and STEPN GMT, up by 19.41%.
The Metaverse Index has also seen a decent price increase. Trading at $42.21, the token’s price has risen by 4.86% over the last 24 hours.
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