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 $30.4 million inflow the day before the halving, ending five days of outflows.
Major Events To Watch
Crypto Fear and Greed Index:
Currently, the "Fear and Greed Index" sits on the positive side at 73 out of 100, suggesting an upward trend as it holds above the 70 levels.
Latest Market Update:Â
Crypto prices continued to climb today as the price of #Bitcoin ($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