• Latest
  • Trending
Crypto Market Breaks $1.8 Trillion as Bitcoin, Ethereum, Cardano, and EverGrow Grow

Crypto Market Breaks $1.8 Trillion as Bitcoin, Ethereum, Cardano, and EverGrow Grow

March 19, 2022
Anticipation for Ethereum [ETH] 2.0 rises as metric reaches all-time high

Anticipation for Ethereum [ETH] 2.0 rises as metric reaches all-time high

January 29, 2023
LTC/USD slides downward, reaching the $88.02 level – Cryptopolitan

LTC/USD slides downward, reaching the $88.02 level – Cryptopolitan

January 28, 2023
What is an ascending triangle pattern and how to trade it?

What is an ascending triangle pattern and how to trade it?

January 28, 2023
FTX creditors list, BlockFi $1.2B exposure and new Celsius token…

FTX creditors list, BlockFi $1.2B exposure and new Celsius token…

January 28, 2023
XRP (XRP), Low Volatility but Falling Saturday: Is it Time to Cash Out? – InvestorsObserver

XRP (XRP), Low Volatility but Falling Saturday: Is it Time to Cash Out? – InvestorsObserver

January 28, 2023
Cardano hard fork will increase interoperability with Bitcoin, Ethereum and others

Cardano hard fork will increase interoperability with Bitcoin, Ethereum and others

January 28, 2023
Whales Are Pouncing on Litecoin, Polygon and Two Ethereum-Based Altcoins, Says Analytics Firm Santiment

Whales Are Pouncing on Litecoin, Polygon and Two Ethereum-Based Altcoins, Says Analytics Firm Santiment

January 28, 2023
JPMorgan CEO Jamie Dimon Says Bitcoin is a “hyped-up fraud”

JPMorgan CEO Jamie Dimon Says Bitcoin is a “hyped-up fraud”

January 28, 2023
TradFi and DeFi come together at Davos 2023: Finance Redefined

TradFi and DeFi come together at Davos 2023: Finance Redefined

January 28, 2023
Esports Driving the Advancement of Cryptocurrency in Sports Gambling

Esports Driving the Advancement of Cryptocurrency in Sports Gambling

January 28, 2023
Dogecoin and Shiba Inu Among the Most Decentralized Crypto Assets, Says Cyber Capital’s Top Strategist

Dogecoin and Shiba Inu Among the Most Decentralized Crypto Assets, Says Cyber Capital’s Top Strategist

January 28, 2023
Ethereum Price Prediction Daily (28-Jan): Urgent! The Most Important Support For Ethereum Right Now!

Ethereum Price Prediction Daily (28-Jan): Urgent! The Most Important Support For Ethereum Right Now!

January 28, 2023
Sunday, January 29, 2023
Retail
  • Home
  • Bitcoin
  • Cryptocurrency
  • Ethereum
  • Blockchain
  • Altcoin
  • ADA
  • Dogecoin
  • Litecoin
  • XRP
  • Regulation
  • Market And Analysis
No Result
View All Result
The Crypto Days
No Result
View All Result

Crypto Market Breaks $1.8 Trillion as Bitcoin, Ethereum, Cardano, and EverGrow Grow

by marcell.major
March 19, 2022
in ADA
0

YOU MAY ALSO LIKE

Cardano hard fork will increase interoperability with Bitcoin, Ethereum and others

Cardano (ADA) Price Prediction 2025-2030: Will ADA’s growth be sustained?


Crypto Market Breaks $1.8 Trillion as Bitcoin, Ethereum, Cardano, and EverGrow Grow



by Analytics Insight

March 19, 2022

Here are the price movements of Bitcoin, Ethereum, EverGrow, and more.

The cryptocurrency market has gone past a $1.8 trillion market cap for the third time this March. Bitcoin in particular is leading the charge, hitting a $40,000 price for the first time in over a week. Bitcoin has already gone through three similar cycles this year – but there’s a lot to suggest this time things might be different.

According to top Bitcoin analyst Benjamin Cowen, high 24-hour trading volumes are typically a sign that price hikes are around the corner. Yesterday Bitcoin saw a trading volume of $39.6 billion, which is the highest figure in three months except for February 24 (Russia’s invasion of Ukraine) and January 21. Between a few days to a week after high trading volumes Bitcoin gained nearly $10,000 in price. 

Bitcoin remains in a bearish cycle as prices remain below the 20-week simple moving average and the 21-week exponential moving average – often called the bull market support band. This band is around the $42,000-$44,000 mark. Meaning the next few days could be a decisive moment in seeing whether Bitcoin can break resistance levels or fall back to support.

Here are the price movements of the top 5 growing crypto tokens today.

 

Bitcoin (BTC)

Current price: $40,850

Bitcoin is crypto’s largest token by market cap, with a valuation of over $770 billion. Whenever Bitcoin moves up in price, the rest of the market tends to follow suit. The next few days could see a spike in Bitcoin price – the number of people who choose to sell off their BTC assets will determine whether rising prices hit resistance or keep on growing.

 

Cardano (ADA)

Current price: $0.85

Cardano offers a more energy-efficient blockchain platform, with an aim to bring about positive global change. Cardano gets its name from 16th-century Italian polymath Gerolamo Cardano, and its token name ADA from 19th-century mathematician Ada Lovelace – regarded as one of the world’s first computer programmers.

 

EverGrow Coin (EGC) 

Current price: $0.00000049

EverGrow Coin is the smallest crypto token on this list by market cap, but the newcomer has shown impressive 5% growth over the past 24 hours. EverGrow Coin launched in September 2021 with aim to become the number 1 crypto for passive income. The project has paid over $35 million in the stablecoin BUSD to coin holders, with daily payments dependent on the size of your individual EverGrow Coin holding. 

EverGrow Coin is also in process of rolling out an NFT marketplace, a content subscription platform and a metaverse world called The Abstract. Each of these will break technological frontiers – users can borrow against NFT assets in the marketplace, Crator will be the first crypto-integrated content subscription platform to challenge OnlyFans and Patreon, and The Abstract brings the world’s first cloud-streaming VR arcade gaming metaverse with an in-built crypto exchange, NFT gallery and social media platform.

 

Ethereum (ETH)

Current price: $2,766

Ethereum has grown an impressive 7% over the last week, with 3.5% growth seen over the last 24 hours. Ethereum’s impressive performance is partly related to the success of its last test before the network shifts from a proof of work consensus mechanism to proof of stake (PoS). The shift will drastically reduce Ethereum’s processing fees, quicken transaction speeds, and enable further growth of its massive network of decentralised apps and decentralised finance projects.

 

Avalanche (AVAX)

Current price: $77

Avalanche’s AVAX is posting nearly 10% gains in the past 24 hours, with 5% growth seen over the past week. AVAX has consistently been leading growth spikes among the top 20 crypto tokens though it is yet to break the $100 prices it enjoyed at the beginning of 2022.

Share This Article

Do the sharing thingy

About Author

More info about author

Analytics Insight



Analytics Insight is an influential platform dedicated to insights, trends, and opinions from the world of data-driven technologies. It monitors developments, recognition, and achievements made by Artificial Intelligence, Big Data and Analytics companies across the globe.

More by Analytics Insight



Source link

Tags: BitcoinBreaksCardanocryptoEthereumEverGrowGrowMarketTrillion
ShareTweetPin

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Search

No Result
View All Result

Recent News

Anticipation for Ethereum [ETH] 2.0 rises as metric reaches all-time high

Anticipation for Ethereum [ETH] 2.0 rises as metric reaches all-time high

January 29, 2023
LTC/USD slides downward, reaching the $88.02 level – Cryptopolitan

LTC/USD slides downward, reaching the $88.02 level – Cryptopolitan

January 28, 2023
What is an ascending triangle pattern and how to trade it?

What is an ascending triangle pattern and how to trade it?

January 28, 2023

Recent News

Anticipation for Ethereum [ETH] 2.0 rises as metric reaches all-time high

Anticipation for Ethereum [ETH] 2.0 rises as metric reaches all-time high

January 29, 2023
LTC/USD slides downward, reaching the $88.02 level – Cryptopolitan

LTC/USD slides downward, reaching the $88.02 level – Cryptopolitan

January 28, 2023
What is an ascending triangle pattern and how to trade it?

What is an ascending triangle pattern and how to trade it?

January 28, 2023

Categories

  • ADA
  • Altcoin
  • Bitcoin
  • Blockchain
  • Cryptocurrency
  • Dogecoin
  • Ethereum
  • Litecoin
  • Market And Analysis
  • Regulation
  • XRP

Follow Us

Find Via Tags

Ada Altcoin Altcoins analysis Analyst BIG Binance Bitcoin blockchain BNB BTC Buy Cardano coin Cointelegraph crypto Cryptocurrency DOGE Dogecoin ETH Ethereum eyes FTX Heres Inu Investors Latest Litecoin LTC Market News Price rally Report Ripple SEC Shiba SOL Solana today Token Top trading week XRP

© 2021 The Crypto Days

No Result
View All Result
  • Home
  • Bitcoin
  • Cryptocurrency
  • Ethereum
  • Blockchain
  • Altcoin
  • ADA
  • Dogecoin
  • Litecoin
  • XRP
  • Regulation
  • Market And Analysis

© 2021 The Crypto Days