Bitcoin

Ethereum

Chainlink

Shiba Inu

Today’s market session has been a rather dormant one with the global market cap only recording a minor 0.10% increase within 24 hours. <a href="https://blockchainreporter.net/bitcoin-price/" rel="noopener noreferrer nofollow">Bitcoin</a>, the most watched of all cryptos, as ad a small start, recording a decrease of less than 1% as the asset continues to face resistance at the 31K level.
<a href="https://blockchainreporter.net/ethereum-price/" rel="noopener noreferrer nofollow">Ethereum</a> has had minor bullish activity for the day but has recorded an outstanding 14% increase in weekly valuation as the asset now faces fresh resistance at the $2.1K level amid its recent rally attributed to the recent Shangai upgrade.
<img src="https://academy-public.coinmarketcap.com/optimized-uploads/4d504290e1594d13a04c8f9633701005.png">
<h2 id="header-0">How are altcoins doing?</h2>
In the same manner, as Cardano, Polygon <a href="https://blockchainreporter.net/polkadot-price/" rel="noopener noreferrer nofollow">Polkadot</a>, and Doge, <a href="https://blockchainreporter.net/altcoins/" rel="noopener noreferrer nofollow">altcoins</a> are also experiencing a rather sluggish <a href="https://blockchainreporter.net/market/" rel="noopener noreferrer nofollow">market</a> day, with recorded price rises of less than 2% over the course of a day.
<a href="https://blockchainreporter.net/shiba-inu-price/" rel="noopener noreferrer nofollow">Shiba Inu</a>, on the other hand, has shown a remarkable rise of 3.6% over the last twenty-four hours, and the asset shows a gain of 6% for the week. As a result of the increasing number of whale activities on the network, the <a href="https://blockchainreporter.net/glossary/trading/" rel="noopener noreferrer nofollow">trading</a> volume of the meme currency has also surged by thirty percent in the last twenty-four hours.
<img src="https://academy-public.coinmarketcap.com/optimized-uploads/c9d1f8fd6b8a413b8a2b1dad70826d5d.png">
<a href="https://chain.link/" rel="noopener noreferrer nofollow">Chainlink</a> also saw a gain of over 5% within twenty-four hours, while the asset saw an increase of 13% within one week. However, the current update on the network that aims to improve network security may be to blame for the spike in Chainlink’s popularity.

Chainlink Records Promising Gains on a Slow Market Day

Table of Contents

BlockchainReporter

Other articles published on Apr 16, 2023

Join our free newsletter for daily crypto updates!