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The cryptocurrency market indicators continue to grow and have increased by 2% over the past day. At the same time, the market capitalization of crypto assets still cannot overcome the $2 trillion mark. An important feature of the growth of digital coins in the second quarter of 2021 is the unexpected leaders. While everyone was waiting for a new record from Bitcoin, the market showed irrepressible interest in the XRP/USD and ETH/USD pairs.
On Friday, April 2, Ethereum surpassed the challenging $2,000 mark, and on the weekend the asset set a new record of $2,146. After that, ETH indicators retreated somewhat: over the past day, the asset fell by 0.4%, but its quotes remain at the safe level of $2,060. The cryptocurrency shows all the prerequisites for further growth. After setting a new maximum and a slight pullback in indicators, the daily trading volumes of the ETH/USD pair began to grow again ($27 billion over the past day).
In addition to the general euphoria of the market, the reason for the surge in ETH was the statement of billionaire Mark Cuban. The entrepreneur said that 30% of his investment portfolio is Ethereum, which Cuban started buying 4 years ago, and regrets that he did not do it earlier. Also, negative news played a plus for Ethereum. Last week, transactions on the ETH network doubled as the asset reached the $2,000 mark. Despite the growth in commissions, the market drew attention to the imminent update of Ethereum, thanks to which the Gas currency (used in the ETH network to pay commissions) will be optimized.
The second quarter of 2021 began as well as possible for the main altcoin. Soon, the asset will continue to hold safe levels above $2,000, which gives it all the prerequisites to grow to $2,200 by mid-April. At the same time, a correction option is not excluded, which will mature against the background of growing interest in Ethereum. ETH sellers can take advantage of this and play against the market sentiment to get the maximum benefit for themselves.
It seemed that after last week's XRP figures, the coin failed to surprise. However, instead of this, the Ripple token showed an incredible result, having risen in price over the past day by 16.5%. Now the asset is fixed at around $0.690, and the cryptocurrency has a chance to cross the difficult boundary of $0.700. This is evidenced by the increasing daily trading volumes, which have exceeded the $9 billion mark. The main reason for the growth of the XRP coin was the news about the listing on the major cryptocurrency exchange Coinbase.
The main cryptocurrency remains on the sidelines at the beginning of this week. The asset could not overcome the important milestone of $60,000, which is why it rolled back to the mark of $58,000. Despite the positive news background and the overall growth of the cryptocurrency market indicators, bitcoin does not show significant growth. Over the past 24 hours, the asset has lost 0.4%. The main reasons for the stagnation of the BTC/USD pair are still the lack of impulsive interest of large investors, as well as the desire of market participants to consolidate their profits in bitcoin. The news that the Central Bank of Argentina requires to provide detailed information about transactions with cryptocurrency did not add to the optimism.
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