This week saw quite a bit of action, which ultimately failed to result in any substantial gains or losses in the total cryptocurrency market capitalization. The figure stands at $2.057 trillion, according to CoinGecko – up ever so slightly compared to this day last week.
Now, the cryptocurrency is found trading below $51K, charting a decline of about 0.7% on the day and 2.8% on the week.Ethereum is currently trading at $2940, up 3.6% in the past seven days. It attempted to solidify above $3K on a few occasions, but the bulls were unable to upkeep the buying pressure and eventually gave up. Nevertheless, ETH remains the strongest performer from the top 10, as almost all other coins are well in the red besides BNB, which is also up 3.2%.
All in all, the market continues its positive trajectory, albeit slowing down a bit. Bitcoin ETF inflows continue, showcasing a considerable institutional demand.
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