Crypto prices today were in a mix this Monday. Bitcoin, the most popular crypto asset, moved a notch higher, precisely half a per cent, remaining below $29,500. Its top competitor Ethereum showed gains on almost the same measure by holding the price of $1,850 level. Altcoins prices are not precisely accurate, as they show mixed signs.
Crypto Prices Today:
As a result of the eventful week that passed, Bitcoin was highly affected on the positive side, reaching approximately $29,461. The trading range of Bitcoin has been between $29,000 to $29,500 for the past week. According to Edul Patel, co-founder and CEO of Mudrex, the market seems to have taken in the news of Curve Finance becoming a victim of an exploit.
In his words, “Etheruem successfully breached the $1,850 level in the last seven days and is currently being traded at approximately $1,871.Meanwhile, the banking crisi in the U.S. persisits, with the FDIC closing Kansas Heartland Tri-State Bank. The failure of this bank might be attributed to the impact of rising U.S. interest rates and inadequate riskmanagement practices.”
Altcoin Prices Today:
Many crypto tokens were trading mixed this Monday. Tron and Shiba Inu, for example, lost 4 per cent in value each, alongside Dogecoin and Solana, who lost 2 per cent each. Litecoin experienced a 24-hour loss of 1.72 per cent. The price of XRP was $0.7044, down 0.98 per cent over the previous day. At the time of writing, it was trading at $93.15.The gainers this time around were Bitcoin Cash and Polygon. Bitcoin Cash with a gain of 6 per cent and Polygon with an increase of 2. The crypto market as a whole gained a higher mark of $1.19 trillion. The total trading volume similarly gained 45 per cent reaching $25.85 billion.