{"id":32978,"date":"2022-10-24T09:04:59","date_gmt":"2022-10-24T09:04:59","guid":{"rendered":"http:\/\/egrowonline.com\/?p=32978"},"modified":"2022-10-24T09:04:59","modified_gmt":"2022-10-24T09:04:59","slug":"ethereum-outpaces-bitcoin-crypto-markets-push-higher-as-week-gets-underway","status":"publish","type":"post","link":"http:\/\/egrowonline.com\/?p=32978","title":{"rendered":"Ethereum outpaces Bitcoin, crypto markets push higher as week gets underway"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>\n<p>The crypto markets gained over the weekend, with global market capitalisation pushing one percent higher to US$929.7bn.<\/p>\n<p>Ethereum outpaced bitcoin, having fared particularly well in the past 24 hours with a 2.1% jump to US$1,337, although its has been drawing back in Monday\u2019s early trading hours.<\/p>\n<p><img decoding=\"async\" alt=\"Ether (ETH) saw a late-Sunday rally, but has retracted this morning \u2013 Source: currency.com\" src=\"https:\/\/cdn.proactiveinvestors.com\/CKEditor\/2022\/297\/eth.png\" style=\"width: 772px;height: 682px\" \/><br \/>&#013;<br \/>\n<strong>Ether (ETH) saw a late-Sunday rally, but has retracted this morning \u2013 Source: currency.com<\/strong><\/p>\n<p>Bitcoin acted in similar accord, if a bit less dramatically, as is currently changing hands at US$19,332.<\/p>\n<p>Top Monday risers in the large-cap altcoin space include Polygon (MATIC), which underwent a 6.5% upshot to bring its market cap to US$7.7bn.<\/p>\n<p>Cardano is also trending upwards having added 2.1%, though the blockchain network is still running cold week on week, as is Solana (SOL) and Polkadot (DOT).<\/p>\n<p>There are a number of smaller network tokens to keep an eye on, including South Korea-based Klaytn (KLAY), which just jumped over 22% following a tokenomics revamp.<\/p>\n<p>There\u2019s still a long way for the metaverse-focused blockchain to go though; KLAY is a shocking 86% down year to date.<\/p>\n<p>The Neo and Elrond blockchains added around 4% each, making them also among the top daily risers.<\/p>\n<p>Today\u2019s best-perform decentralised finance (DeFi) tokens include AAVE, Curve and Synthetix (SYN), all three of which added over 3%.<\/p>\n<p>On the flip side, MakerDAO\u2019s market capitalisation dropped over 3%.<\/p>\n<p>While still significantly up against the week following a remarkable recent rally, Huobi Global\u2019s HT token cooled off, shedding around 4.5% of its US$1.3bn market cap.<br \/>&#013;<br \/>\n\u00a0<\/p>\n<p>\u00a0<\/p>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/news.google.com\/__i\/rss\/rd\/articles\/CBMijwFodHRwczovL3d3dy5wcm9hY3RpdmVpbnZlc3RvcnMuY29tL2NvbXBhbmllcy9uZXdzLzk5NjIwNS9ldGhlcmV1bS1vdXRwYWNlcy1iaXRjb2luLWNyeXB0by1tYXJrZXRzLXB1c2gtaGlnaGVyLWFzLXdlZWstZ2V0cy11bmRlcndheS05OTYyMDUuaHRtbNIBAA?oc=5\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The crypto markets gained over the weekend, with global market capitalisation pushing one percent higher to US$929.7bn. Ethereum outpaced bitcoin, having fared particularly well in the past 24 hours with a 2.1% jump to US$1,337, although its has been drawing back in Monday\u2019s early trading hours. &#013; Ether (ETH) saw a late-Sunday rally, but has [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[40],"tags":[50,62,158,298,89,353,297,4275,339],"class_list":["post-32978","post","type-post","status-publish","format-standard","hentry","category-market-analysis","tag-bitcoin","tag-crypto","tag-ethereum","tag-higher","tag-markets","tag-outpaces","tag-push","tag-underway","tag-week"],"jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"","_links":{"self":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/32978","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=32978"}],"version-history":[{"count":1,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/32978\/revisions"}],"predecessor-version":[{"id":32979,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/32978\/revisions\/32979"}],"wp:attachment":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=32978"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=32978"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=32978"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}