According to report on July 19th, the market price of Ethereum (ETH) has risen by about 18% at $1560 in the past 24 hours. ETH market price has risen by about 43% in the past week.
ETH’s rice in price accredits to its 2.0 version update which recently switched the protocol algorithm from proof of work (PoW) to proof of stake (PoS), and observers believe the market on the rise. Bitcoin (BTC) has also risen 8% in the last 24 hours to $22,000. This is more than a month after Bitcoin return to $22,000 level.
In addition, Ripple was up 6% to $0.36, Cardano was up about 9% to $0.49, Solana was up 12% to $43.50, Dodge was up about 7% to $0.067 and Avalanche was up 16% to $23.90.
With the recent slight upward trend in cryptocurrency market, more people are speculating whether this is the end signal of the persistent weak cryptocurrency market after May this year.
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