Ethereum Outperformed Cryptomarket After SVB and Fed’s Crackdown
Ethereum Ang Ethereum ay Outperformed Cryptomarket Pagkatapos ng SVB at Feds Crackdown 4 minuto ang nakalipas Balita ng Ethereum ng Bitcoin 14 segundo ang nakalipas | 2 mins basahin Ethereum reached its eight-month high of $1,800 on Tuesday. The global crypto market cap increased by 1.49% in the last 24 hours. The first altcoin, Ethereum (ETH), continued to surge in price over the past week. The trading price of ETH has increased by 3.75% in the last 24 hours. Moreover, it reached an eight-month high on Tuesday. At the same time, the global market cap also surged over 1.49% in the last 24 hours, with a total market volume of around $1.18T. The continuous bank collapse affected the crypto market a lot. The world‘s largest cryptocurrency, Bitcoin, also struggled to surge in the aftermath of the Silicon Valley Bank collapse and the Federal Reserve’s increase in interest rates. Even though the total crypto market went down, Ethereum outperformed many crypto assets and stocks with a 49% quarterly increase. Ethereum Managed to Survive the Battle Bitcoin and other major cryptocurrencies prices continue to fall after the sudden collapse of SVB on March 10. Ethereum managed to get through the battle and continues to surge in price. The crypto market bounces back after