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Cryptocurrency Market Stable Despite Binance Lawsuit

Cryptocurrency Market Remains Stable Despite Binance Lawsuit

Apr 03, 2023
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Bitcoin (BTC) and Ethereum (ETH) continue to rise, Cardano (ADA), XRP and Dogecoin (DOGE) among top gainers of the week.

The cryptocurrency market remained stable over the past week, despite Binance facing a lawsuit from the US CFTC.

After falling towards the graphic support placed in the $26,700-$26,550 area, Bitcoin (BTC) bounced back decisively towards the important psychological threshold of $29,000, touching its highest level of $29,000 since last June and gaining 1.24% in the last 7 days. Today, BTC price consolidates above $28.257,46, down 0.36% in the last 24 hours with a 24-hour trading volume of $16.483.763.399. The current CoinMarketCap ranking is #1, with a live market cap of $546,382,858,307 USD. It has a circulating supply of 19,335,881 BTC coins and a max supply of 21,000,000 BTC coins.

Ethereum (ETH), on the other hand, was up 2.33% last week and currently trading at $1,806. The second-largest digital token reached a high of $1,840.68 on March 31 and a low of $1,698.55 on March 27, indicating a stable movement as well.

Elsewhere in the market, Cardano (ADA) is among the top gainers of the week, up 11.67% over the week, as is XRP, up 6.07% over the last 7 days, and memecoin Dogecoin (DOGE), up 3.76%.

The global cryptocurrency market cap is now standing at $1.18 trillion, down 0.55% over the past day.

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