Bitcoin and Ethereum Rise Again, Basic Attention Token (BAT) Sets New ATH

Bitcoin (BTC) had been struggling below $57,000 for almost two weeks. Now, the leading cryptocurrency shot above the resistance zone of 58,500 SD before retreating to consolidate above $ 57,000. At the time of writing, Bitcoin was trading at $ 57,616.11: an increase of 0.61% over the past 24 hours.

Over the past 24 hours, Bitcoin has hit a high of $59,367.97 and a low of $57,253.95, initiating a possible bullish movement back above $60,000.

Ethereum, the second largest cryptocurrency by market capitalization, also saw an increase to over $4,400 today. At the time of writing, ETH was trading at $4,412.15, an increase of 3.11% over the past 24 hours.

Over the past 24 hours, Ethereum has reached a high of $ 4,550.84 and a low of $4,274.99, indicating a possible bullish trend that could push Ethereum back towards $ 4,800.

Basic Attention Token (BAT)

The Basic Attention Token (BAT) has triggered a monster run that catapults it to a new all-time high (ATH) of $1.85 in the early hours of Friday morning.

At the time of writing, BAT was trading at $1.79, an increase of 50.63% over the past 24 hours and only 5.93% below the newly set all-time high.

For those who are not yet familiar with the BAT token: it is a token that powers a new blockchain-based advertising ecosystem via the Brave Browser. The BAT rewards users for viewing ads and provides advertisers with a better way to maximize engagement and reduce losses from ad abuse and fraud.

BAT users will receive BAT tokens as a reward for watching advertisements that protect privacy.

Outlook on the Global Crypto Market Today

The global market capitalization has increased by 0.66% in the last 24 hours to $2.61 trillion.

The crypto market volume has also climbed by 0.59% to $140.09 billion in the last 24 hours.

Stable coins have a majority share in the 24-hour crypto market volume. The total volume of all stable coins amounted to $ 105.73 billion, which is 75.47% of the total crypto market.

Defi, on the other hand, has a total volume of $ 20.78 billion, which corresponds to 14.83% of the total market volume.

The dominance of Bitcoin fell by 0,20% to 41,60% in the last 24 hours.

Stay in the Loop

Get the daily email from CryptoNews that makes reading the news actually enjoyable. Join our mailing list to stay in the loop to stay informed, for free.

Latest stories

You might also like...