Bitcoin’s price increased by 1.17 percent to $44,065.36, while Ethereum’s price increased by 3.78 percent to $3,132.08.
Coin prices went up after Russia said it was open to a diplomatic deal with Ukraine.
According to coindesk statistics, the price of Bitcoin increased by 1.17 percent to $44,065.36, while the price of Ethereum increased by 3.78 percent to $3,132.08.
XRP price increased by 1.28 percent, Solana’s price increased by 0.98 percent, Terra’s price increased by 1.69 percent, Avalanche’s price increased by 11.26 percent, and Cardano’s price increased by 1.75 percent.
Polkadot price increased by 2.52%, Dodgecoin’s price increased by 0.92 percent, Polygon’s price increased by 5.08 percent, and Shiba Inu’s price increased by 0.13 percent.
“The worldwide crypto market and trade volume grew by almost 2 percent and 4 percent in the last 24 hours.” Bitcoin and Ethereum are now trading above US $43,000 and US $3,000, respectively.“ domination is about 42%, while the support price remains at US $40,000 and the resistance price remains at US $46,000,” “Mudrex’s CEO and co-founder, Edul Patel, said.
When Russia started to show signs that it was open to a diplomatic solution to the ongoing crisis with Ukraine, the market value of major cryptocurrencies rose a lot, too.Avalanche, Decentraland, and Axie Infinity all had a 10% boost in price in the last day. This increase in the cryptocurrency sector is welcome news for long-term investors, as Patel said.