The trading week in America has now also come to an end. We look at the current Bitcoin price and the price of the top 25 crypto coins. In addition, we watch a scam alert and see how Tron (TRX) and other crypto are attacking the position of Ethereum (ETH).
We will of course start with the current Bitcoin price and the live prices of the top 25 crypto coins.
Bitcoin price rises, crypto market neutral
At the time of writing, the Bitcoin price is trading at EUR 27,755.80 ($32,651.46). This is 1.39% higher than the rate we at the US market closing last night saw on the board.
The rest of the top 25 cryptocurrencies are neutral. We see many prices fluctuating around the 0 point. The biggest decline is InternetComputer (ICP), which loses 2.12%. The biggest riser is Etthereum Classic (ETC), which is + 3.15%. So for crypto concepts, we see a quiet end of the week. Of course you can check the Bitcoin price and all crypto prices 24 hours a day on the Tradeincrypto.com site, so also follow this weekend.
Scam Alert: these scammers are emptying your crypto wallet via an Airdrop
In this scam, someone drops the UniH token on Ethereum addresses. When you try to use it via the UniSwap exchange, the scammers empty your wallet due to built-in malware. The proceeds will be converted into RUNE tokens asap. So far the loot is $72,659, but people are still being affected, so be warned!
Ethereum (ETH) under fire from other crypto
Slowly, Ethereum (ETH) seems to be losing ground to competitor Tron (TRX). It appears that more Tether (USDT) is traded via the Tron Blockchain than via the Ethereum (ETH) Blockchain. Also on other metrics, such as transaction costs, network speed and scalability, Tron seems to make the Ethereum increasingly difficult.
Other cryptocurrencies are also increasingly attacking Ethereum. For example, Polygon (MATIC) has the NFTs in the gaming world in its sights. They have invested $100 million in their Polygon Studio to make this possible. Binance Smart Chain (BSC) is also opening the attack. This blockchain for smart contracts now has more than 2 million active addresses, compared to the much older and better-known Ethereum. never got beyond 799,580. We are curious whether these attacks also lead to a new number 2 in the crypto market, but it does not seem like that for the time being.
Want to stay informed of the latest price developments?
You can always follow the developments yourself with our WANT crypto-analyses or the background articles and Looking ahead to the crypto market on Bitcoin. Of course you can also use the follow live quotes 24 hours a day if you want to stay informed in real time.
Note: We never give financial advice, so you can’t interpret our contributions that way. Always do your own research and make rational decisions about whether, when, in what and how much you want to invest.
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Crypto Update: Price Bitcoin & Crypto Neutral, Scam Alert, Battle ETH & TRX
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