By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Sign In
Web3,Blockchain & Metaverse Education Media PlatformWeb3,Blockchain & Metaverse Education Media Platform
  • Home
  • News
    • Cryptopedia
      • Blockchain News
      • Bitcoin News
      • Ethereum News
      • Altcoin News
    • Latest Metaverse & NFT News
      • Metaverse & NFT Games
      • Virtual Land
    • Exchanges News
    • Policy & Regulation
    • Web Stories
  • Press Release
    • Sponsored Article
    • Submit Press Release
  • Interviews
    • Opinion
  • Expert Alliance
    • About Expert Alliance
    • Expert Alliance Benefits
    • Experts List
    • Apply for Expert Alliance
  • Guide
    • NFT Review
    • Game Review
    • Submit NFT Project
  • Videos
  • Events
Search
  • Advertise with us
  • Media Kit
  • 365 Media Plan
  • Submit Press Release
  • Submit NFT Project
© 2022 NFTStudio24.com News Network. All Rights Reserved.
Reading: Bitcoin rises 2.74%, ETH hits 8.54%, Polygon biggest gainer, is crypto winter over?
Share
Web3,Blockchain & Metaverse Education Media PlatformWeb3,Blockchain & Metaverse Education Media Platform
Search
  • Home
  • News
    • Cryptopedia
    • Latest Metaverse & NFT News
    • Exchanges News
    • Policy & Regulation
    • Web Stories
  • Press Release
    • Sponsored Article
    • Submit Press Release
  • Interviews
    • Opinion
  • Expert Alliance
    • About Expert Alliance
    • Expert Alliance Benefits
    • Experts List
    • Apply for Expert Alliance
  • Guide
    • NFT Review
    • Game Review
    • Submit NFT Project
  • Videos
  • Events
Have an existing account? Sign In
Follow US
  • About us
  • Advertise with us
  • Media Kit
  • 365 Media Plan
  • Submit NFT Project
  • Careers
  • Contact us
  • Privacy Policy
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
  • Global
  • Japan
  • South Asia
  • Partners
  • Community
HOME > News > CRYPTOPEDIA > Bitcoin rises 2.74%, ETH hits 8.54%, Polygon biggest gainer, is crypto winter over?
CRYPTOPEDIANews

Bitcoin rises 2.74%, ETH hits 8.54%, Polygon biggest gainer, is crypto winter over?

news room
Posted news room July 19, 2022 354 Views 4 Min Read
Updated 2022/07/19 at 8:23 PM
Bitcoin rises
SHARE

Crypto news today shows Bitcoin (BTC) regaining momentum as it increases by 1,400 points, while Ether (ETH) gained 130 points in the last 24 hours, and Polygon (MATIC) hit 16.47% becoming the biggest gainer of the day the crypto winter seems to be unfolding slowly with the market on a steady rise. 

Contents
Bitcoin gains 1,400 pointsEthereum peaks at 8.54%Polygon becomes the biggest gainer and Other altcoinsFinal words

The dreadful crypto winter that buried Terra’s ecosystem, 3AC, other crypto firms, and the whole Web3 industry for months is finally melting the hard ice. The fresh breeze of the price increase by major cryptocurrencies today has made every trader sigh in relief.

Last week Bitcoin showed one of the worst declines as multiple crypto firms reported bankruptcies. Many predicted that Bitcoin might lower even more than before, but this week starts with good news for the crypto community.

Bitcoin gains 1,400 points

The oldest and biggest cryptocurrency in the world, Bitcoin (BTC) finally rose to a new high this week as it hit a 24-h high of 1,400 points. According to CoinMarketCap, Bitcoin rose 2.74% and is currently trading at $21,995 at the time of writing.

The largest crypto coin is trading at a low of $20k and a high of $22k. 

Seeing the sudden rise, the Bitcoin and crypto community seems ecstatic. Twitter user @rovercrc says: 

#Bitcoin breaking the 104-day downtrend! 🔥👇 pic.twitter.com/jr62V7ksi3

— Crypto Rover (@rovercrc) July 18, 2022

Ethereum peaks at 8.54%

Last week, Ethereum announced a new shadow fork that would ultimately lead to The Merge ETH 2.0 in the coming months. This news pushed the Ether prices to their highest peak. In 7 days, Ethereum rose almost 29.15%, based on the CoinMarketCap data. 

Today, as the new week begins, Ethereum rose by 130 points to over 8.54% with a 24-h market volume of $23B which increased by 9.39%. The news itself improved the coin’s prices. Many believe when The Merge happens, Ether will rise to an all-time high by the end of the year 2022. 

Polygon becomes the biggest gainer and Other altcoins

Other than Bitcoin and Ethereum, the biggest gainer of today’s market was Polygon (MATIC) which rose by 16.47%.

Polygon’s rise might be the result of its recent announcement of a partnership with Disney for the Disney Accelerator 2022 program. Polygon is the only blockchain selected by Disney for this year’s program to develop AR, VR, and metaverse technology. 

Other altcoins also showed improvement in the market. According to CoinMarketCap, LUNAC peaked 4.10%, BNB rose 2.52%, XRP hit 2.84%, Cardano (ADA) increased by 7.20%, while SOL soared 4.13%.

Final words

The crypto market opened the week with good news for the community, especially Polygon.

Despite the crypto winter, the developers, creators, and builders have been working day and night for Web3 development by releasing new projects and updates. Now, the crypto market seems to be catching up with the growth aspect as Bitcoin rises to a new resistance level.

This news comes as a surprise because the Fed reported a CPI increase of 9.1% but the Bitcoin showed no effect of the inflation report by slowly rising over the weekend. Is crypto winter truly over? This week will definitely answer the question.

TAGGED: bitcoin, crypto

Sign Up For Daily NFT Drops

Don't miss the next NFT drops!!!
I have read and agree to the terms & conditions
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share
What do you think?
Love0
Sad0
Happy0
Sleepy0
Angry0
Dead0
Wink0
Previous Article RTFKT x Nike Nft launch RTFKT x Nike tease AR Hoodies for NFT holders
Next Article halo x binanace HALO x Binance NFT for HALO Male NFT and multi-chain deployment
Leave a comment

Leave a Reply

You must be logged in to post a comment.

Don’t miss the NFT Drops! Sign up Now

I have read and agree to the terms & conditions

Latest News

DeFi protocol DefiLlama has resolved its internal conflicts 1
DeFi protocol DefiLlama has resolved its internal conflicts
CRYPTOPEDIA News WEB3 March 21, 2023
Crypto Fear and Greed Index has reached its highest level
Crypto Fear and Greed Index has reached its highest level
BITCOIN NEWS News March 21, 2023
Project AI Powered Trading Platform Accused of Draining 1M from Users
Project ‘AI-Powered’ Trading Platform Accused of Draining $1M from Users
AI BLOCKCHAIN NEWS News March 20, 2023
Join us
Ad imageAd image

You Might also Like

DeFi protocol DefiLlama has resolved its internal conflicts 1
CRYPTOPEDIANewsWEB3

DeFi protocol DefiLlama has resolved its internal conflicts

March 21, 2023
Crypto Fear and Greed Index has reached its highest level
BITCOIN NEWSNews

Crypto Fear and Greed Index has reached its highest level

March 21, 2023
Project AI Powered Trading Platform Accused of Draining 1M from Users
AIBLOCKCHAIN NEWSNews

Project ‘AI-Powered’ Trading Platform Accused of Draining $1M from Users

March 20, 2023
New York allows Binance Voyager deal to proceed without holdings
EXCHANGESNews

New York Judge allows Binance-Voyager deal to proceed without holdings

March 17, 2023
//

NFTStudio24 delivers the latest NFT news to its global audience. We are committed to reporting mainstream and emerging talent via exclusive press releases, podcast interviews, NFT rankings, and much more.

GET IN TOUCH

  • About us
  • Advertise with us
  • Media Kit
  • 365 Media Plan
  • Submit NFT Project
  • Careers
  • Contact us
  • Privacy Policy

Experts Alliance

  • Experts Alliance
  • About Alliance
  • Alliance Benefits
  • Membership requirements
  • Apply Alliance
//

Subscribe to our newsletter to get our newest articles instantly!

I have read and agree to the terms & conditions
Web3,Blockchain & Metaverse Education Media PlatformWeb3,Blockchain & Metaverse Education Media Platform
Follow US

© 2022 NFTStudio24.com News Network. All Rights Reserved.

Removed from reading list

Undo
Join us metaverse Join us metaverse
Welcome Back!

Sign in to your account

Register Lost your password?