Today’s crypto market has again crossed the trillion-dollar mark. This is something that hasn’t been seen in several months. Investors have been buying cryptocurrency more actively because of their optimism.
Current Ethereum exchange rate: $1440 It has increased in price by 27% in one week and by more than 6% in one day. The network upgrade was successfully tested and a transition date for the Proof-of-Stake consensus algorithm (PoS), has been set for September 19, 2022. This is the reason Ethereum has grown so quickly.
Bitcoin is becoming more expensive but not as actively as it used to be: 8.5% per week, 3.5% per daily. Current BTC rate: $22,200 The top 10 have a solid rise, with Solana seeing an additional 3.5% per day and nearly 20% per week.
Because Ethereum added more Bitcoin, its contribution has changed to the capitalization. Now, Bitcoin has 41.9% and Ethereum has 17.4%, whereas it was about 15% in the past.