- Polkadot marks its place into the top ten list of cryptocurrencies, ranked at #10.
- BTC and ETH noted a little movement in its trading.
- Solana, marked the biggest one week percentage gain in the top-ten list of cryptocurrencies.
The crypto market is highly volatile in nature, it continuously changes the cryptocurrencies from one place to another. Here is the market analysis of some of the top-ten cryptocurrencies that marked its place with some percentage gain.
The following data is collected from the CoinMarketCap.
#10 Polkadot (DOT)
Polkadot (DOT) overtook Dogecoin (DOGE) with 7.81% of weekly gain in the market cap. Its today’s price is $7.70 USD with an increase of 8.67% in the last 24 hours.
#1 Bitcoin (BTC)
The most popular crypto currency Bitcoin (BTC) noted the weekly gain of 3.08% with $396B of market capitalization. Its current price is at $20,630.77USD with an increase of 7.57% in the last 24hours.
#2 Ethereum (ETH)
As the Ethereum merger is about to happen in a few days, the ETH price has performed quite well in the last week. ETH current price is $1,708.86 USD with a 5.47% increase in the last 24 hours and 7.46% gain in one week.
#9 Solana (SOL)
Solana, noted the largest percentage gain with 12.81% in one week and currently pricing at $35.80 USD with an increase of 9.10% in the recent hours.
As the market is prepared for the interest rate hike news from the U.S.FED, that is supposed to increase the interest rates by 75 basis points. Also, the FED Chair, Jerome Powell recently mentioned in his statement that the Central Bank is committed to raise the interest rates “until the job is done.”
Steve Anderson is an Australian crypto enthusiast. He is a specialist in management and trading for over 5 years. Steve has worked as a crypto trader, he loves learning about decentralisation, understanding the true potential of the blockchain.