Crypto Prices April 22: Cryptocurrency Market Turns Bullish

Crypto market ascends by 0.80%, valued at $2.54 trillion

Polkadot's mainnet experienced a runtime upgrade launch, leading to an unexpected pause in parachain activity.

Bitcoin ETFs received a $30.4 million inflow the day before the halving, ending five days of outflows.

Major Events To Watch

Crypto Fear and Greed Index:

Currently, the "Fear and Greed Index" sits on the positive side at 73 out of 100, suggesting an upward trend as it holds above the 70 levels.

Latest Market Update: 

Crypto prices continued to climb today as the price of #Bitcoin ($BTC) approached the $66,000 level.

#XRP ($XRP), #Chainlink ($LINK), #Thorchain ($RUNE), and #BNB ($BNB) all witnessed price increases.

#Core ($CORE) surged by 13.06% within 24 hours, achieving the highest gain among tokens.

Conversely, #Nervous Network (CKB) faced the largest decline, dropping by over 7.70% in a single day.

Total crypto market volume in the last 24 hours stands at $60.91 billion, reflecting a decrease of 0.97%.

DeFi volume is currently $4.98 billion, constituting 8.18% of the total crypto market's 24-hour volume.

Stablecoin volume now amounts to $56 billion, representing 91.95% of the total crypto market's 24-hour volume.

Bitcoin's dominance is at 53.55%, marking a daily increase of 0.06%.

Major Worldwide News Update:

Bitcoin's recent memes extend beyond the "4/20" halving date. The success of spot Bitcoin ETFs fuels celebration, with market observers deeming the halving timing "almost too perfect." Eric Balchunas notes a curious coincidence: the halving coincided with 69 days of straight inflows for the largest US Bitcoin ETF.

To Know more- Coin Gabbar