July turned out to be a very green month for the cryptocurrency market. Bitcoin (BTC) rose by almost 20%, and Ethereum (ETH) even by almost 60%. Total market capitalization peaked at $1.15 trillion on Saturday.
However, August is already starting in the red. Most cryptos in the top 100 are slightly down, and the market cap is down 1.1% to $1.13 trillion. However, there are some significant outliers today.
The ether price peaked not Saturday but already Thursday, at around $1,780. Over the weekend, ETH held steady above $1,700 and shot as high as $1,740 on Saturday night and last night. However, after that, ETH dropped below $1,700 and has not been able to recapture this level since then.
Tron (TRX) is cautiously 0.5% in the green this morning and comes in at $0.069. Shiba Inu (SHIB) made another big bounce last night, making the price 2.4% in the plus today. However, SHIB is currently falling below $0.000012. Polkadot (DOT) made a high jump last night, which means that the price is no less than 7.4% in the plus today. DOT is currently down at $8.75
1/ Polkadot parachains have continued building, deploying and growing. Check out some of the announcements from the ecosystem and see the latest news from the parachain teams, infrastructure providers, and wallets in this week’s #PolkadotRoundup.
Read the 🧵 below
— Polkadot (@Polkadot) August 1, 2022
Although less crypto is on the green side, the percentages are higher. EOS, Elrond (EGLND), aave (AAVE), and kava (KAVA) are up 4%, Waves (WAVES) and iota (MIOTA) 5%, and Kusama (KSM) 7%. BitTorrent is up 8.5% today, but file coin (FIL) is the day’s big winner. The FIL rate is no less than 24% in the plus today and now 77% compared to a week ago.
