Ethereum Shots up to 8-month high, ripple win 5 % daily (market observation)

Ethereum Shots up to 8-month high, ripple win 5 % daily (market observation)
The youngest fud by binance has only temporarily damaged Bitcoin when the asset went back on the offensive and climbed to almost $ 29,000.
Ethereum is also on the rise before the long -awaited upgrade in Shanghai, and the local token recorded an eight -month high of over $ 1,900
BTC Owled $ 29,000
After the volatility of last week, Bitcoin had finally calmed down during the weekend and mainly moved between $ 28,400 and $ 28,600. The landscape began to change early Monday, especially after it became known that Interpol had published a Red Notice about Binance's CEO. BTC collapsed under $ 27,300 within a few hours.
When CZ denied the rumors and it turned out to be fake news, Bitcoin began to regain its value and returned almost immediately to $ 28,000. The last 24 hours brought the cryptocurrency up another leg, which it drove to $ 28,800.
Although it did not go up and challenged $ 29,000, Bitcoin still rose by 2 % on this day despite the bullish on-chain sign and is located north of $ 28,500. Its market capitalization has finally recaptured the 550 billion dollar brand, but its dominance compared to the Alts has shrunk to less than 46 %.
BTCUSD. Tradingview
ETH, XRP increased by 5 %
Perhaps the anticipation for the upcoming Shanghai update is the main reason for the significant increase in price of the ETH in the last 24 hours. The second largest digital asset has risen by almost 6 % and has been over $ 1,900 for the first time since mid -August 2022. In addition, several Ethereum-Liquid-Staking tokens, such as LDO, rose sharply last day.
rippleder daily climb of ETH is similar. XRP has recaptured $ 0.5 after an increase of $ 5.3 %. Avalanche u Uniswap are the other remarkable winners among the top 20 alcohols, which have risen by over 6 %.
BNB, ADA, Matic, Sol and LTC are also on the move with minor winnings during the day. The entire crypto market capitalization rose by around $ 30 billion in one day and is over $ 1.2 trillion at CMC.
Overview of the cryptocurrency market. Quantify crypto