CryptoSlate wMarket Update: Seamless Shappella upgrade pushes Ethereum closer to $2000

Share This Post

The cryptocurrency market cap saw net inflows of $30 billion and currently stands at $1.25 trillion — up 2.12% from $1.22 trillion.

During the last 24 hours, Bitcoin and Ethereum’s market cap rose 0.87% and 6.36% to $584.87 billion and $239.76 billion, respectively.

Over the reporting period, all the top 10 crypto assets posted gains, with Dogecoin and Ethereum gaining over 6%, respectively. Other assets like Cardano, Polygon, and Polkadot rose by more than 3% each.

CryptoSlate wMarket update
Source: CryptoSlate

The market cap of Tether (USDT) increased to $80.65 billion. Meanwhile, USD Coin (USDC) and Binance USD (BUSD) market caps fell to $32 billion and $6.79 billion, respectively.

Bitcoin

In the last 24 hours, Bitcoin rose 0.75% to trade at $30,244 as of 07:00 ET. Its market dominance declined to 46.9% from 47.5%.

During the reporting period, BTC peaked at $30,462. On-chain data shows that BTC whales have began to accumulate the digital asset for the first time since January.

CryptoSlate wMarket update
Source: Tradingview

Ethereum

Over the last 24 hours, Ethereum spiked 6.31% to trade at $1,990 as of 07:00 ET. Its market dominance rose to 19.2% from 18.4%.

The highly anticipated Shappella upgrade had minimal impact on the price performance of Ether, with validators withdrawing 84,000 ETH as of press time.

CryptoSlate wMarket update
Source: Tradingview

Top 5 Gainers

FTX Token

FTT is the day’s biggest gainer growing 68% over the last 24 hours to $2.23284 as of press time. Lawyers of the bankrupt exchange hinted that the platform could be restarted. Its market cap stood at $734.37 million.

Radix

XRD is on the top gainer’s list for the second consecutive day. It grew 33.8% to $0.07209 during the reporting period. Its market cap stood at $731.44 million.

Merit Circle

MC gained 15.25% to trade at $0.34189 at the time of writing. The Ethereum-based token has been up 11% over the past month. Its market cap stood at $128.43 million.

Space ID

ID rose 16.38% to $0.51959 over the last 24 hours. Interest in the digital identity protocol has increased since Binance listed it on its launchpad. Its market cap stood at $148.6 million.

Woo Network

WOO is up 13% to $0.25068 as of press time. The blockchain network token rose 17% in the last 30 days. Its market cap stood at $421.93 million.

Top 5 Losers

TEMDAO

TEM is the day’s biggest loser, falling 17.64% to trade at $0.02949 at the time of writing. The token was the biggest gainer on April 12. Its market cap stood at $799.22 million.

MARBLEX

MBX is down 7.78% to $2.37262 as of press time. Its market cap stood at $122.21 million.

MiL.K

MLK declined 5.79% to $0.43458 over the reporting period. The token’s value retraced to its current levels after rising by almost 15% on April 11. Its market cap stood at $119.6 million.

Stacks

STX dropped 5.15% to trade at $0.88098. The Bitcoin layer2 network has fallen 15% in the last 30 days. Its market cap stood at $1.21 billion.

ApeCoin

APE decreased by 4.96% to $4.47408. Its market stood at $1.65 billion.

The post CryptoSlate wMarket Update: Seamless Shappella upgrade pushes Ethereum closer to $2000 appeared first on CryptoSlate.

Read Entire Article
spot_img
- Advertisement -spot_img

Related Posts

MicroStrategy Enters Top 100 U.S. Public Companies by Market Cap: The Bitcoin Effect

The post MicroStrategy Enters Top 100 US Public Companies by Market Cap: The Bitcoin Effect appeared first on Coinpedia Fintech News MicroStrategy, which proclaims itself to be the world’s

Triangle Breakout Fuels XRP Price Run: $1.56 Target in Sight?

The post Triangle Breakout Fuels XRP Price Run: $156 Target in Sight appeared first on Coinpedia Fintech News With a massive bullish surge of 7874% last week, the altcoin has reclaimed the $1

Bears Hold a Tight Grip Over the Avalanche Price Rally While Sentiments Are Bullish-Here’s What’s Next 

The post Bears Hold a Tight Grip Over the Avalanche Price Rally While Sentiments Are Bullish-Here’s What’s Next  appeared first on Coinpedia Fintech News Bitcoin smashes a new ATH after

Crypto phishing scam nets $129 million in USDT then funds mysteriously return

A crypto whale narrowly avoided a $129 million USDT loss after falling victim to a phishing scam on the TRON blockchain Blockchain security firm Scam Sniffer reported the incident on Nov 20,

Grayscale Unveils Game-Changing Bitcoin ETF Options Strategy 

Grayscale Investments has announced plans to introduce options trading for its spot bitcoin exchange-traded funds (ETFs), taking a page from Blackrock’s recent success with bitcoin ETF options

Former Chinese Official Yao Qian Accused of Cryptocurrency Bribery

The post Former Chinese Official Yao Qian Accused of Cryptocurrency Bribery appeared first on Coinpedia Fintech News Yao Qian, once a strong supporter of cryptocurrencies in China and the founder of