CryptoPotato
CryptoPotato
  • Crypto News
  • Margin Trading
  • Guides
    • Bitcoin & Crypto Guides 101
    • Bitcoin For Beginners
    • Editorials
  • DeFi & NFT
  • Buy
  • Language
  • Crypto News
  • Bitcoin For Beginners
  • Cryptocurrency Guides 101
  • Editorials
  • Bitcoin & Crypto Margin Trading
  • DeFi & NFT News
  • Bitcoin Price Analysis
  • CryptoPotato Crypto Fund
  • Ethereum (ETH) Price Analysis
  • Ripple (XRP) Price Analysis
  • Market Updates
  • Interviews
  • Buy Bitcoin with Card
  • bitcoin
    BTC$27,787.00
  • ethereum
    ETH$1,897.84
    • Market Updates
    • BTC Analysis
    • ETH Analysis
    • XRP Analysis
    • Interviews
    • Opinions
    CryptoPotato
    CryptoPotato
    • Crypto News
    • Margin Trading
    • Guides
      • Bitcoin & Crypto Guides 101
      • Bitcoin For Beginners
      • Editorials
    • DeFi & NFT
    • Buy
    • Language
    • Crypto News
    • Bitcoin For Beginners
    • Cryptocurrency Guides 101
    • Editorials
    • Bitcoin & Crypto Margin Trading
    • DeFi & NFT News
    • Bitcoin Price Analysis
    • CryptoPotato Crypto Fund
    • Ethereum (ETH) Price Analysis
    • Ripple (XRP) Price Analysis
    • Market Updates
    • Interviews
    • Buy Bitcoin with Card
    Home » Market Updates » Ethereum Spikes 25% in 3 Days: Bitcoin Calms Around $35K (Market Watch)

    Ethereum Spikes 25% in 3 Days: Bitcoin Calms Around $35K (Market Watch)

    Author: Jordan Lyanchev

    Last Updated Jun 30, 2021 @ 08:42

    ETH continues with its impressive recovery since the weekend drop by adding 25% of value in three days. On the other hand, BTC sits calm around $35K.

    After the enhanced volatility in the past few days in which BTC displayed several multi-thousand dollar moves, the cryptocurrency has calmed around $35,000. Some altcoins have charted more significant gains, with ETH reclaiming $2,100 and DOT surging 6%.

    ETH Above $2,100; DOT Reconquers $16

    The alternative coins mimicked BTC’s performance in the past several days with adverse price movements on Saturday and recovery sessions on Sunday and Monday.

    Ethereum was a prime example of this as it dumped to just over $1,700 at the start of the weekend. However, the second-largest crypto started regaining traction rapidly and has added more than $400 of value since then. As a result, ETH reached a weekly high of around $2,175 earlier today.

    While Binance Coin, Cardano, and Dogecoin have either stalled or slightly decreased in the past 24 hours, the rest of the larger cap alts are in the green.

    Ripple (2%), Uniswap (3%), Litecoin (4%), Solana (3%), and Chainlink (2.5%) have marked minor gains, while Polkadot and Bitcoin Cash have added the most value.

    Alicia Bakery
    CMO - A really good agency

    Did you like this market update?
    This is all you need not to miss any price action in the raging crypto markets. Start receiving this recap, for free, every day:

    Invalid email address
    Your privacy is guranteed.
    Thanks for subscribing, you will get your first report in the next hours!

    DOT is up by 6% to above $16, while BCH has jumped by 9% to north of $520.

    Cryptocurrency Market Overview. Source: Quantify Crypto
    Cryptocurrency Market Overview. Source: Quantify Crypto

    Compound has seen the most gains in a day after a 20% surge to $320. Bitcoin SV, on news that Craig Wright has won a legal case in the crypto sphere, has jumped by 19% to $160.

    Elrond (17%), Kusama (17%), Aave (13%), ETC (13%), Cosmos (11%), NEM (11%), XDC (11%), and Zilliqa (10%) are all up by double digits.

    The crypto market cap also continues to recover and is now well above $1.4 trillion.

    Bitcoin Stalls Around $35K

    The primary cryptocurrency led the charge south during the weekend as it dumped to just north of $30,000. The bulls stepped up at this moment, though, and didn’t allow a drop below that coveted level twice in a week.

    Just the opposite, the asset started to reclaim some of its lost value. Ultimately, BTC added more than $5,000 in a few days and broke above $35,000 briefly yesterday.

    Yet, the bears hadn’t given up yet and pushed it south to around $34,000. Nevertheless, bitcoin bounced off and jumped to a four-day high of $35,500 before calming around $35,000 once more.

    Its market capitalization still stands around $650 billion while its dominance has lost some ground and is down to 46%.

    BTCUSD. Source: TradingView
    BTCUSD. Source: TradingView
    SPECIAL OFFER (Sponsored)
    Binance Free $100 (Exclusive): Use this link to register and receive $100 free and 10% off fees on Binance Futures first month (terms).

    PrimeXBT Special Offer: Use this link to register & enter CRYPTOPOTATO50 code to receive up to $7,000 on your deposits.


    Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk. See Disclaimer for more information.

    Cryptocurrency charts by TradingView.
    Tags: Bitcoin (BTC) Price Ethereum (ETH) Price
    Enjoy reading? Share with your friends
    Facebook Twitter LinkedIn Telegram

    About The Author

    Jordan Lyanchev
    More posts by this author

    Jordan got into crypto in 2016 by trading and investing. He began writing about blockchain technology in 2017 and now serves as CryptoPotato's Assistant Editor-in-Chief. He has managed numerous crypto-related projects and is passionate about all things blockchain. Contact Jordan: LinkedIn

  • bitcoin
    BTC$27,787.00
  • ethereum
    ETH$1,897.84
  • Join Our Community

    FacebookTwitter YouTubeTelegram


    Editorials
    The Weaknesses of Ethereum VS Modern Blockchains: Interview With Radix

    The Weaknesses of Ethereum VS Modern Blockchains: Interview With Radix

    Institutions Intend to Buy Bitcoin in Late 2023: Interview With CryptoQuant

    Institutions Intend to Buy Bitcoin in Late 2023: Interview With CryptoQuant

    Why Didn’t ETH Dump After Shanghai? Interview With Nansen

    Why Didn’t ETH Dump After Shanghai? Interview With Nansen

    What is PEPE Coin? Is This the Next Huge Memecoin?

    What is PEPE Coin? Is This the Next Huge Memecoin?

    What is the Ethereum Shanghai (Shapella) Upgrade? Everything You Need to Know

    What is the Ethereum Shanghai (Shapella) Upgrade? Everything You Need to Know

    15 Months Later, What Changed Since November 2021? Interview With Phantom Wallet CEO

    15 Months Later, What Changed Since November 2021? Interview With Phantom Wallet CEO

    Artificial Intelligence & Crypto Guide: Here Are the Top 5 AI Coins

    Artificial Intelligence & Crypto Guide: Here Are the Top 5 AI Coins

    Footer Logo
    About
    Advertise on CryptoPotato
    About Us | Contact Us | Careers
    Editorial Policy
    Terms of service | Privacy Policy | GDPR
    More Sections
    IEO List | Evaluations
    Airdrops
    Scholarship
    Disclaimer
    Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk. Full disclaimer
    © Copyright CryptoPotato 2016 - 2021
    Scroll to top