CryptoSlate wMarket Update: Ethereum posts 33 week high in anticipation of Shanghai upgrade

2 years ago

The cryptocurrency marketplace headdress saw nett inflows of $21.9 cardinal and presently stands astatine $1.2 trillion — up 1.9% from $1.18 trillion.

During the past 24 hours, the marketplace caps of Bitcoin and Ethereum grew 1% and 4.4% to $551.4 cardinal and $230.5 billion, respectively.

Over the reporting period, the apical 10 crypto assets each recorded gains but Dogecoin, which fell 4.2% pursuing its beardown tally yesterday. Ethereum and XRP pb the apical 10, increasing 4.4% and 3.4%, respectively.

Top 10 cryptocurrenciesSource: CryptoSlate.com

The marketplace headdress of Tether (USDT) accrued to $80 billion. Meanwhile, Binance USD fell to $7.3 billion, with USC Coin (USDC) staying level at  $32.7 billion.

Bitcoin

In the past 24 hours, Bitcoin grew 1% to commercialized astatine $28,523 arsenic of 07:00 ET. Its marketplace dominance fell to 45.8% from 46.1%.

Shortly earlier 21:00 (ET) connected Tuesday, Bitcoin spiked from $28,133 to arsenic precocious arsenic $28,732 – a retest of this absorption level was rejected erstwhile more, starring to a determination lower.

Approximately an hr later, bulls broke done to get rejected astatine $28,780. BTC has since been ranging betwixt $28,440 and $28,618.

Bitcoin chartSource: TradingView.com

Ethereum

Over the past 24 hours, Ethereum grew 4.4% to commercialized astatine $1,913 arsenic of 07:00 ET. Its marketplace dominance accrued to 19.1% from 18.7%.

Ethereum followed a akin signifier to Bitcoin, spiking higher conscionable earlier 21:00 (ET) yesterday to trial the $1,926 level. A 2nd rejection astatine this terms led to a choky trading scope betwixt $1,905 and $1,918.

Nonetheless, ETH recorded a 33-week precocious – apt owed to the upcoming Shanghai upgrade, which is scheduled for an April 12 rollout.

Ethereum chartSource: TradingView.com

Top 5 Gainers

Stargate Finance

STG is the day’s biggest gainer increasing 21% implicit the past 24 hours to $0.87298 arsenic of property time. The token grew 30.9% implicit the past week. Its marketplace headdress stood astatine $142.81 million.

PlayDapp

PLA grew 19.3% to $0.26515 during the reporting period. The task said its “Bamboo Juice Mikey” upgrade is acceptable for this month. Its marketplace headdress stood astatine $142.61 million.

BORA

BORA roseate 13.8% to $0.20442 implicit the past 24 hours. Its marketplace headdress stood astatine $203.14 million.

Reserve Rights

RSR gained 12.8% to commercialized astatine $0.00473 at the clip of writing. Its marketplace headdress stood astatine $215.56 million.

MetisDAO

METIS is up 11.8% to $28.5983 arsenic of property time. The task released a caller method 2023 roadmap recently. Its marketplace headdress stood astatine $127.28 million.

Top 5 Losers

FLEX

FLEX is the day’s biggest loser, falling 19% to commercialized astatine $2.09820 at the clip of writing. The token was a apical gainer yesterday. Its marketplace headdress stood astatine $207.02 million.

MobileCoin

MOB is down 5.7% to $1.49812 as of property time. The task precocious held an “Office Hours” AMA connected Discord. Its marketplace headdress stood astatine $292.56 million.

IoTeX

IOTX declined 4.1% to $0.02975 over the reporting period. The token was a apical gainer yesterday. Its marketplace headdress stood astatine $281.13 million.

Dogecoin

DOGE dropped by 3.2% to commercialized astatine $0.09724. The doge logo present features connected the Twitter homepage. Its marketplace headdress stood astatine $13.5 billion.

Baby Doge Coin

BabyDoge decreased by 2.1% to $0.000000002657. ByBit precocious listed the token. Its marketplace stood astatine $313.95 million.

The station CryptoSlate wMarket Update: Ethereum posts 33 week precocious successful anticipation of Shanghai upgrade appeared archetypal connected CryptoSlate.

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