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Latest Events in the Crypto Industry

Altcoins See Nothing But Green

Somewhat expectedly, when BTC was heading south, so did the alternative coins. Ethereum decreased from $3,360 to below $3,100. Although presently, it has recovered more than $150 of value, despite the recent bug in the blockchain.

Cardano has stolen the show once again with a near 10% surge on a 24-hour scale. As such, ADA has risen above $2.8 after dropping below $2.6 just days ago.

Binance Coin (2.5%) stands close to $490, Polkadot (4.5%) has neared $26, Uniswap (5%) is above $27, and Bitcoin Cash (3.5%) is at $630.

Even more impressive gains are evident from Ripple (6%), Dogecoin (6%), LUNA (6%), and Solana (8%). Interestingly, SOL has charted yet another all-time high – this time, just shy of $90.

Cryptocurrency Market Overview. Source: Quantify Crypto

In the past 24 hours, CELO has outperformed all other top 100 coins. It has skyrocketed by more than 50% to near $5. Arweave follows with a spectacular 30% surge to $37.

ICP (18%), Helium (16%), Tezos (13%), Kusama (12%), and Bitcoin Gold (12%) are next.

Ultimately, the cumulative market cap of all cryptocurrency assets has recovered $100 billion in a day to $2.1 trillion.