Cryptocurrencies are going down... What may signal a recovery?
Ethereum heads north by 10%
On Monday, on the Investing.com Index, Ethereum was seen at $184.47, soaring by about 10.25% on the day. Well, it turned out to be the greatest one-day percentage profit since April 2.
In fact, the move upwards managed to push Ethereum's market capitalization up to about $19.16B, which is 10.44% of the overall crypto market capitalization. By the way, at its highest value, Ethereum's market capitalization accounted for $135.58B.
For the last 24 hours, Ethereum had fluctuated in a band $173.57- $184.47.
For the last seven days, the number two crypto asset, Ethereum has seen a soar in value because it went up by up to 28.02%. By the way, the volume of Ethereum traded for the last 24 hours to time of writing amounted to $8.07B that accounts for about 13.70% of the overall volume of all crypto assets. The digital coin has fluctuated in a band $141.2880-$184.4680 for the last 7 days.
In contrast with Ethereum’s all-time peak of $1,423.20 recorded on January 13, last year, at its current value, the number two crypto asset is still down about 87.04%.
Now let’s have a look at other digital coins.
As a matter of fact, on the Investing.com Index, Bitcoin managed to reach $5,237.6, heading north by about 3.65% on the day.
In addition to this, on the Investing.com Index, XRP ended up with $0.36381, demonstrating a 3.09% leap.
Bitcoin's market capitalization was last seen at $92.31B that amounts to 50.30% of the overall crypto market capitalization, while XRP's market capitalization hit $15.12B that accounts for up to 8.24% of the overall crypto market value.
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