Today’s crypto movers: Bitcoin (↑1.27%), Ethereum (↑3.19%), Harmony (↓9.23%), Storj (↑21.93%)
The market finally saw week-on-week gains as activity increased.
For this first time this week, prices for key cryptos actually rose week-on-week, suggesting at least a brief break after an extended period of rice declines.
The overall crypto market saw prices rise by 2.86% in the last 24 hours (according to Finder’s Cryptocurrency Weather Report, which tracks the top 200 coins.)
Trading volume over the last 24 hours was 22% higher than the recent 7-day average.
The two biggest coins: Bitcoin and Ethereum
Bitcoin is the biggest coin by market cap and its price changed by 1.27% over the last 24 hours.
The second most valuable crypto, Ethereum, saw its price change by 3.19%.
Both coins were also up week-on-week.
Ethereum’s market cap is 34.69% of Bitcoin’s total value.
Today’s biggest gainers and fallers
Big gains happened for Storj (STORJ) up 21.93%; Polygon (MATIC), which rose 20.45%; and THORChain (RUNE) which was up 17.88%. (All figures are based on the last 24 hours of trading at time of writing.)
Coinbase recently added support for sending and receiving Polygon, while Storj added 3 new NFT storage service customers and THORChain finally debuted its mainnet.
Both Storj and Polymatic saw climbs earlier in the week as well.
The largest drops were for Harmony (ONE), down 9.23%; Amp (AMP), which fell 2.30%; and UNUS SED LEO (LEO), which was down 2.24%.
Harmony suffered a $100 million hack of its Horizon Bridge transfer platform, a likely factor in the drop.
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Disclaimer: Cryptocurrencies are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the cryptocurrencies discussed.