Met was Green Week in the crypto market. Bitcoin Back to get back $ 40,000 Ethereum Cryptocurrency Ethereum (ETH) tried to break $ 3,000 per unit (albeit unsuccessfully) again.
As is often the case with Bitcoin (BTC) movements, most high market capitalization altcoins have moved in the same direction. Almost everything has been positive in the past week, including some profits of over 20% of the top coins.
Among the many interesting price fluctuations in the market, the top most prominent cryptocurrencies are Ethereum Classic (ETC), weekly increase reached more than 50% at the end of Sunday, March 20
Next, find AAVE whose market value has increased by more than 30% over the same period.in the meantime avalanche (AVAX) rose almost 25% between Monday and Sunday.
The other two top cryptocurrencies that close their newsletter on Monday, March 21 have also increased by more than 20% in the last seven days. DASH, up over 23%. And WAVES, 22% or more.
This week was characterized by Bitcoin rising nearly 10% and returning above $ 41,000. And almost 14% of ETH touches 3,000.However, you can also highlight from the top 10 (in addition to AVAX) Solana (SOL) and Cardano (ADA); Both have a rating of 10% or higher on the exchange.
Ethereum Classic is up with 2.0 release
The long-awaited “merger” update prior to the arrival of Ethereum 2.0, Seems to be approaching.And then we’re nearing the end again Proof of work The (PoW) consensus mechanism is modified as follows: Proof of stake (PoS). With this in mind, Ethereum Classic reaffirms that the road is still a prisoner of war.
Therefore, current Ethereum miners excluded from the ETH generation process welcome to continue mining ETC via the ETChash algorithm. This follows a report published on the Ethereum Classic website after a phone call between developers.
ETH rose significantly that week, but ETC rose even further. It rose 50.51% and closed at $ 38.17 per coin. Notably, he never touched this year.
At the time of writing, Ethereum Classic is ranked 30th in the top cryptocurrencies, with a market capitalization of over $ 8 billion and exchange volumes of over 3 billion in 24 hours.