Ethereum stablecoin dominance reaches 3-month high
Ethereum's dominance over stablecoins strenghtens as the ETH price surpasses $1,600.
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The global crypto market cap is $1.05 trillion with a 24-hour volume of $48.96 billion. The price of Bitcoin is $22,861.71 and BTC market dominance is 42.0%. The price of Ethereum is $1,642.21 and ETH market dominance is 19.2%. The best performing cryptoasset sector is Education, which gained 14%.
Latest News
Ethereum stablecoin dominance reaches 3-month high
Ethereum's dominance over stablecoins strenghtens as the ETH price surpasses $1,600.
Metrics indicate bullish sentiment as illiquid Bitcoin supply reaches 80%
MVRV-Z and Realized Price charts agree that the market bottom has been reached.
A look at what’s going on with Bitzlato and its impact
Accused of laundering over $1 billion worth of crypto, the Russian exchange saw its owner arrested and assets seized. And while the scope of Bitzlato's alleged crimes is serious, its effect on the crypto industry could be limited.
ASIC financing debt worsened Bitcoin miner’s liabilities in 2022: Report
With earnings going from high to low in 2022, some miners struggled to pay the dues, resulting in more defaults, distressed asset sales, and acquisitions than ever before.