Leading cryptos continued to tread water, mirroring the cautious wider market, as investors try to second guess the economic fallout of Russia's inv
Leading cryptos continued to tread water, mirroring the cautious wider market, as investors try to second guess the economic fallout of Russia’s invasion of Ukraine.
Bitcoin rose 0.9% to US$46,659, slightly outpacing its smaller peer Ethereum, which gained 0.4% to US$3,518.
Other notable risers included Terra, Dogecoin and Near Protocol, up 1.6%, 5.7% and 4.3% respectively.
Overall, 73 of the leading 100 cryptos eased lower.
The Intergovernmental Panel on Climate Change, a United Nations arm, believes crypto will require greater energy, which was named a “growing concern,” especially given climate change.
Of the big names, Solana, XRP and Avalanche slipped 3.0%, 1.7% and 1.9% respectively.
Outside of the top 10, Cosmos, Algorand and Hedera lost 5.5%, 4.9% and 3.7% respectively.
Meanwhile, Waves carried its volatile momentum from the end of March into the first week of April – this time plunging 25% – the largest mover of the day amongst the top digital currencies.
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