Bitcoin, Ethereum and BNB
Bitcoin, Ethereum and BNB have also witnessed positive momentum in the past 24 hours.
Bitcoin is trading at $19,353 and is up 4.56 percent. Ethereum blockchain’s cryptocurrency, Ether, rose 6.04 percent and is trading at $1,331. BNB crypto, which comes from Binance Smart Chain, witnessed a 3.29 percent uptrend.
How stable were the stablecoins?
Stablecoins USDT, DAI and USDC all maintained their pegs at $1.
USDT Tether stablecoin is down 0.02 percent in the past 24 hours and is trading at $1. USDC stablecoin also fell, falling 0.03 percent, but still trading at $1. Stablecoin DAI gained 0.12 percent and trading at $1. BinanceUSD, better known as BUSD, witnessed a negative 0.01 percent change in value in the past 24 hours. The stablecoin is also trading at $1
Layer 1 blockchain tokens
The native cryptos of Layer 1 blockchain networks such as Ripple, Solana, Avalanche and Cardano have also shown positive momentum in the past 24 hours.
Solana blockchain’s SOL saw an uptrend of 4.94 percent. Ripple gained a whopping 20.62 percent, while Avalanche’s AVAX rose 6.50 percent. Cardano’s ADA showed an uptrend of 4.3 percent.