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The crypto market remained green as the new week began on a bullish note for almost every cryptocurrency. Leading cryptocurrencies were bullish, with Ether (ETH) outperforming Bitcoin (BTC).
As noted by CoinMarketCap data, ETH rose by 7.85% in the last 24 hours while retaining the price action above the $1,500 price level. On the other hand, BTC rose by 2.84% in the same duration and retained $21,000 but lost the $22,000 price level.
The prices of 1 BTC and 1 ETH as of 12:53 a.m. ET were 21,879 and $1,515, respectively. Moreover, the market dominance of Bitcoin dropped to 41.31% from 41.51% while for Ether, the market dominance surged to 18.20% from 17.42%.
Additionally, the poll taken by CoinMarketCap puts BTC at $33,414.3 by the end of July while the same poll for Ether puts ETH at $2,769.9 by July end. However, as predicted by the algorithm from PricePredictions, Bitcoin is expected to reach a maximum price of $39,435.58 in 2022 while Ether is expected to reach a maximum price of $2,729.53 by the end of the year.
The biggest gainers for the day included Solana (SOL), Polygon (MATIC), Near Protocol (NEAR), ApeCoin (APE), and Ethereum Cash (ETC). These tokens surged by 6.20%, 10%, 16.48%, 11.35% and 17.84%, respectively. The prices of these tokens as of 1:01 a.m. ET were $43.27, $0.9133, $4.38, $5.80 and $25.14.
The worst performers were Ripple (XRP), Tron (TRX), Litecoin (LTC), FTX Token (FTT), and Internet Computer (ICP) which dropped by 0.24%, 1.23%, 1.75%, 0.66% and 2.67%, respectively. The prices of these tokens as of 1:05 a.m. ET were $0.3561, $0.0604, $56.64, $28.38 and $7.25.
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Photo: Pixabay
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