Ethereum Leads the Way for Top 10 Cryptos on Bullish Saturday
2022.07.18 04:10
Ethereum Leads the Way for Top 10 Cryptos on Bullish Saturday
- Saturday saw another bullish session for the crypto top ten.
- ETH led the bullish Saturday session when it rallied 10.12%.
- Lido DAO is still stealing the show and is up 59.54% so far.
Saturday saw another bullish session for the crypto top ten, with Ethereum (ETH) touching $1,400 and Bitcoin (BTC) rising for the fourth consecutive day.
Saturday also started with the crypto market cap falling to $897 billion before it eventually found some support to reach a high of $965 billion. This means that investors have poured billions of dollars-worth of crypto into the market to take the market cap up $80 billion for July alone.
As of today, the crypto market cap stands at $972,265,404,34.688.
ETH led the bullish Saturday session when it rallied 10.12%. BNB, SOL and XRP were also in the green and saw an increase of 4.70%, 5.95%, and 5.01% respectively. ADA also saw a 3.62% increase while BTC was up 1.79%.
Lido DAO was the star of the show after surging 22%. This most probably happened due to the ETH breakout which in turn was caused by excitement surrounding the Merge and Ether staking on the rise.
When looking at today’s numbers, ETH is still up 12.23% to trade at $1,356.24, according to CoinMarketCap. BNB, SOL, and XRP are also still up by 7.67%, 8.74%, and 6.14% respectively.
BTC is also still in the green by 3.91% and ADA is still up by 5.10%. As said above, Lido DAO is still stealing the show and is up 59.54% so far.
LDO / TetherUS 1D Source: CoinMarketCap
Despite the bullish start to Saturday, the 24-liquidation jumped at the end of the day. This morning, liquidations stood at $372.31 million after it stood at $144 million by the end of Saturday.
Disclaimer: The views and opinions expressed in this article are solely the author’s and do not necessarily reflect the views of CQ. No information in this article should be interpreted as investment advice. CQ encourages all users to do their own research before investing in cryptocurrencies.
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