Bitcoin, Ethereum, and Dogecoin surge while Solana plummets

Shares of Solana, which had risen sharply in recent sessions, were down 5.64% at $160.91

Crypto global currency jumps 3.75% to $2.13 as bitcoin rises

and Ethereum

Waiting for some people’s tokens to go on Tuesday night.

happened
BTC gained 4.61% in 24 hours to $47,235.13. Apex Crypto gained 0.43% in 7 days.

ETH, the second-largest token by market cap, rose 3.06% in 24 hours to $3,415.06. For the week, ETH is down 1.15%.

Dogecoin Governor

It was up 1.23% at $0.24 in 24 hours. In a seven-day period, DOGE plunged 7.13%.

​Solarium Sun​

There have been sharp gains in recent days, with shares down 5.64% to $160.91 after a 24-hour tracking period. Over the past 7 days, the SOL has lost 5.81%.

Decentralized finance or DeFi tokens are unstoppable on Tuesday, and on this day, SushiSwap Sushi

It was the biggest gainer in 24 hours, according to CoinMarketCap.

SUSHI gained 17.41% in 24 hours to $12.97. In a week, the coin is up 19.39%.

At press time and after the 24-hour tracking period, SUSHI is up 11.37% and 12.36% against BTC and ETH, respectively.

Other cryptocurrencies that have particularly benefited during the 24-hour period are Curve Dao token CRV

, AAVE

and compound compensation

.

During the period, CRV surged 17.36% to $2.77, AAVE rose 16.99% to $383.99, and COMP rose 15.53% to $442.66.

because it matters
The Fear and Greed Index, a sentiment and sentiment gauge related to bitcoin and other major cryptocurrencies, showed “fear” as of early Tuesday. After a while, it continued to show “Neutral”.

Marcus Sotiriou, a bear trader at U.K.-based digital asset broker GlobalBlock, said in an email that Tuesday’s shift to fear levels in the Fear and Greed Index may be partly due to regulatory concerns.

Sotiriou referred to comments made by Securities and Exchange Commission (SEC) Chairman Gary Gensler in the Senate on Tuesday and yesterday. Gary noted that he will monitor stablecoins and that most tokens listed on major cryptocurrency exchanges are currently securities and should be considered securities.

According to Sotiriou, negative sentiment prevails as whales continue to accumulate BTC.

“Whale holdings increased by around 44,000 BTC ($2 billion) last week and 103,600 BTC ($5 billion) over the past 3 weeks. Yesterday, MicroStrategy announced the purchase of 5,050 BTC at an average price of $48,099, not yet It is clear who the remaining buyers of this 98,000 BTC are,”the analyst wrote.

“This means that in the coming weeks and months, there could be a lot of BTC purchase announcements by institutions.”

For Solana developers, they are working to restore the network after hours of downtime, CoinDesk reported.

A source familiar with the matter told CoinDesk that the outage “affects everything built on Solana, but the problem is the underlying [layer 1].”​

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