Market Update: Cryptocurrencies Rebound After The Super Bowl

2022-2-16 22:30

The top ten cryptos were all up yesterday after some crypto companies advertised during the pro football championship game.

Yesterday’s market volatility continued with the SPX500 and DJ30 falling 0.29% and 0.44%, respectively, as well as NASDAQ100, rising marginally by 0.25%. Investors were again unnerved by geopolitical tensions throughout Europe to bring about a sell-off in their stocks on Friday evening; however, they seemed calmer today.

Related Reading | Bitcoin Price: Research Group Sees Crypto Hitting $200,000

The UK100 fell 1.75% yesterday as broader market fears over the geopolitical situation in Ukraine sent stocks tumbling across Europe. On Monday night, the oil price nearly hit $94, increasing its previous high near 90 dollars.

Top Cryptocurrencies Performance

The price of Bitcoin briefly rose to  $43,500 today. Solana rose 8%, while Ethereum gained more than 7%. XRP and Cardano also saw increases with 3 percent each at their peak values throughout Tuesday’s trading session alone.

Bitcoin gained 3.6% in 24 hours and trading at $44,000 | Source: BTC/USD Chart on Tradingview.com

The live price for Avalanche is $88.33, with a 24-hour trading volume that has increased by over a billion. Meanwhile, its token AVAX is up nearly 11% over the same time period.

With a 24-hour trading volume of $1.12 billion, Polygon is currently up 10% from yesterday’s price action and market cap 15th most significant coins in terms of the total worth.

Related Reading | Polygon Token Price Analysis – New All-Time High This Week For MATIC?

Top Gainers Of The Day

It’s a good day to be in the top 100. Today’s biggest winners of the top 100 are Kadena, Gala, Mina, and The Graph. Kadena is a blockchain ecosystem that makes crypto work for everyone! They provide the security of Bitcoin with virtually free gas and unparalleled throughput. Their smart contracts are more innovative than ever, too – they have almost raised their value today due in large part because it offers all this great technology at an affordable price point (and no lock-ups).

With the recent announcement of Galaverse dates, Gala Games’ market value has increased by 18%. The Graph, an indexing protocol for querying data on networks like Ethereum and IPFS that powers many applications in DeFi (decentralized finance) and a broader Web3 ecosystem, is up 19% within 24 hours.

Recently, Mina saw their value surge 17% as they continue on a path to make blockchain more efficient. Mina Protocol is making headway with its succinct blockchain to curb computational requirements for DApps transactions. 

The last 24 hours have been fascinating for cryptocurrency traders, with many coins gaining significant value. One such example is Decentraland’s MANA token which saw its price increase by 9% in just one day. Other winners include Secret  at +14%, Helium (+12%), and Qtum(+11%). The most popular metaverse Fantom also did well; it went up 8%.

Hedera Hashgraph, the newest blockchain technology based on directed acyclic graphs (DAGs), has seen an 11% increase in value over 24 hours. The live price is $0.25 with a trading volume of 180 million dollars for today’s session alone.

Top Trending Market Update

onLEXpa (Online Lex Partners) is specialized in developing online courses and projects. After migrating to their new BSC contract, this business aims to make education more accessible through blockchain technology, which gave them 2623% growth.

The value of Dopex has shot up 25% today, following its successful launch. The protocol is designed to maximize liquidity and minimize losses for option writers while maximizing gains by buying the rights from those who want them at a low price – which it does through an innovative trading algorithm.

Featured image from Pixabay, Chart from TradingView.com

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

Market.space (MASP) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.00 %
Cегодня L: $0 - H: $0
Капитализация $0 Rank 99999
Доступно / Всего 0 MASP

yesterday market championship game football pro continued

yesterday market → Результатов: 126


Фото:

This Indicator Has Flashed Possibility For A Crypto Bull Market Re-Ignition – Again

The bitcoin market is yet to officially enter a bear market as many may have already believed, given the last week’s price twist. According to yesterday’s on-chain analysis by Glassnode, last week’s price correction is actually the least severe of all corrections this year at only 20% lower than the all-time-high price.    The market […]

2021-12-2 22:08


Фото:

“This Is Not The End”, — WazirX CEO Nischal Shetty On India’s Latest Bill To Ban Almost All Cryptocurrencies

The Indian cryptocurrency market is not on the verge of breaking down following yesterday’s announcement that a bill that limits crypto usage will be introduced in parliament later this month. Nischal Shetty who is the Founder and CEO of one of the largest Indian-based cryptocurrency exchanges WazirX has spoken about the fears arising from this […]

2021-11-24 13:41


Фото:

Bitcoin On-Chain Data Reveals Harsh Truth About Market’s Divided Direction After BTC Failed to Surge Past $30k

Bitcoin has failed to surge past $30,000 after teasing a possible jump to higher levels on the 18th of July when prices hit a daily high of $32,399. Market anxiety heightens as Bitcoin staggers downwards After closing at a low of $31,900 yesterday, it was clear that the bears rejected prices at $33,000, causing the […]

2021-7-23 16:12


Фото:

Dogecoin Shaves Off $60 Billion In One Month, But DOGE HODLers Are Bullish For These Significant Reasons

At the time of this writing, Dogecoin has garnered gains of 15%, a major recovery from yesterday’s low, although the 7 day losses are still above 33%. The cryptocurrency market turned green at the later part of yesterday, and leading altcoins like Dogecoin followed suit as trading volume climbed up swiftly. Although the asset had […]

2021-6-24 19:41