News - Bitcoin and altcoins rise - Crypto Market Turns Green Again

By Mike Hesp

Bitcoin and altcoins rise - Crypto Market Turns Green Again

After a brief respite, the prices of Bitcoin and Ethereum, among others, have rebounded. The mood within the crypto community is neutral.

After the price correction of yesterday, July 25, the crypto market is seeing inflows again and prices are rising.

Bitcoin is trading at nearly $67,000, posting a price gain of nearly 5% in the past 24 hours.

Also Ethereum, which had fallen sharply after the ETF launch - was able to recover slightly, posting 2% price growth.

According to data of Farside Investors flowed $346 million from Grayscales ETHE yesterday. BlackRocks ETHA recorded inflows of $70 million. In total, ETH ETFs recorded net outflows of $152 million.

With growth of 3.39%, total market capitalization comes to a whopping $2.39 trillion.

The recent price correction has investors somewhat concerned: the Fear & Greed Index - a mood barometer - currently stands at 59 points. This means that the mood in the crypto market is currently neutral.

Bitcoin, meanwhile, continues to build its dominance: at about 55%, the oldest crypto-currency still dominates the field. Ethereum has lost ground in recent weeks and stands at 16% at the time of writing.

What happens when BlackRock and Co. get into Ethereum with just 1%, read here.

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