In a demonstration of resilience and bullish momentum, ethereum’s price spiked over the $ 3,600 threshold, marking a significant increase within a 24-hour range that saw lows of $ 3,372 and highs of $ 3,644. This uptrend is underpinned by a strong trade volume of $ 13.40 billion and a market …
Bitcoin Technical Analysis: Upper Resistance Holds Strong Amidst Consolidation Phase
As bitcoin flirts with the $ 69,556 mark, its oscillation between $ 68,900 and $ 71,391 within the last 24 hours suggests a battleground for bulls and bears alike. Amidst a trading volume of $ 27.37 billion, the cryptocurrency giant showcases a current market capitalization of $ 1.36 trillion. Bitcoin …
Crypto Economy Dips by 4.38% Amidst Mixed Fortunes for Top Coins
As the weekend approaches, the crypto economy experienced a downturn, declining 4.38% in the past 24 hours to a total value of $ 2.42 trillion. Bitcoin saw a decrease of 5.5% against the U.S. dollar during this period, while ethereum’s value dropped by 5.3%. In contrast, fantom (FTM) enjoyed a 12% increase, and aptos …
Arbitrum Outpaces Ethereum in Daily Transactions Amidst L2 Networks’ Surge
Recent statistics reveal that the layer two (L2) network Arbitrum has experienced a significant increase in daily transactions. On Tuesday, the network’s daily transactions even exceeded those on the Ethereum platform. Additionally, following Ethereum’s Dencun upgrade, other L2 networks such as Optimism have also witnessed an uptick in activity. Arbitrum Transfers Spike Metrics indicate that […]
NFT Market Faces 16.55% Drop in Sales Amidst Cryptocurrency Downturn
In tandem with the broader downturn of the cryptocurrency market this week, the non-fungible token (NFT) sector also experienced a downturn in sales over the preceding seven days. From March 9 to March 16, 2024, the NFT market witnessed sales amounting to $ 358,080,260, a decline of 16.55% from the previous week. NFT Sales …