Bitcoin Trades Above $69K, Ether Stays Below $4000
By Kapil Rajyguru
Bitcoin, alongside the rest of the market, had a highly beneficial week driven by the hype and the actual approval of spot Ethereum ETFs in the United States.
BTC’s price went on a rollercoaster propelled by the news surrounding the Ethereum ETFs, but the asset now trading at $69,200.
Ether, the second largest cryptocurrency by market cap, was changing hands at $3915, up by almost 5% in the last twenty-four hours.
The weekly scale shows that UNI, PEPE, LDO, and ETH are among the leaders in terms of gains from the larger-cap alts.
The global crypto market cap is $2.58T, a 0.50% increase over the last day. The total crypto market volume over the last 24 hours is $60.78B, which makes a 14.60% increase. The total volume in DeFi is currently $5.7B, 9.38% of the total crypto market 24-hour volume. The volume of all stable coins is now $54.99B, which is 90.48% of the total crypto market 24-hour volume. Bitcoin’s dominance is currently 52.70%, a decrease of 0.30% over the day.
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