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Bitcoin is Back to $40K, ETH, Luna, and Others Are Also Rocketing

Published 04/19/2022, 03:55 AM
Updated 04/19/2022, 04:00 AM
© Reuters Bitcoin is Back to $40K, ETH, Luna, and Others Are Also Rocketing

  • Bitcoin rises back to around $40K.
  • Many other cryptocurrencies are back up.
  • Dogecoin’s price decreases as Shiba Inu also faces a fall down.

After the major dip that covered the crypto market last week, a turn of events happened early today when the whole market got back up. Bitcoin scored around $40K, Ethereum is back to its $3K, and the color green now covers the charts.

Bitcoin was spotted hovering around $40 thousand at the time of publishing, with a market cap of more than $777 billion and a 24-hour trading volume of over $29 billion. The seven-day high/low ratio is $38,779.59/$41,522.57, which implies today’s major rise.

Meanwhile, Ethereum’s price increased by 1.60% to hit $3 thousand in the last 24 hours. In the last seven days, Ethereum’s price has increased by 1.95%. It is currently ranked the second largest crypto asset in terms of market cap, which is at over $367 billion.

The price of Binance’s coin (BNB) increased by 2.19% to above $400 in the last 24 hours. In the last seven days, BNB’s price has increased by 4.60%. It is currently ranked as the fourth biggest crypto asset in terms of market capitalization at more than $70 billion.

XRP coin’s price increased by 4.69% to around $0.7694 in the last 24 hours. In the last 7 days, XRP’s price has increased by 9.72%, where It is currently ranked as the sixth biggest crypto asset in terms of market capitalization.

Solana’s price went up by 0.16% to reach $101.43 in the last 24 hours. In the last seven days, Solana’s price has increased by 1.55%. It is currently ranked as the seventh biggest crypto asset in terms of market capitalization.

Cardano token’s price is at $0.9311, increasing by 0.75% in the last 24 hours. During the last seven days, ADA’s price has increased by 0.5%. It holds the 9th position in terms of market capitalization.

Luna saw an increase of over 17% to $89.69 in the last 24 hours. Sitting at the 8th spot by market capitalization, Luna’s price has increased by 8.29% over the past day.

AVAX’s price increased by 1.29% to reach $76.96 in the last 24 hours. While in the last seven days, AVAX price has increased by 2.30%. It is currently ranked number 10 biggest crypto assets in terms of market capitalization list.

Meanwhile, the price of meme coin DOGE decreased by 0.23% in the last 24 hours. Seeing the same downward trend is the fellow dog-inspired coin, Shiba Inu (SHIB), whose price decreased by 0.08% over the past day.

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