Bitcoin and Ethereum remain stable in the last 24 hours

The assessment by Byibit includes stocks, the last 24 hours of Bitcoin and Ethereum, and developments in the NFT market.

Bitcoin and Ethereum remain stable in the last 24 hours
Bitcoin market remains stable

Global equities are heading towards their longest streak in two months on anticipation of easing tightening policies. Treasury yield was little changed at 4.00% as the dollar rebounded after two days of decline. Macroeconomic data, including rate decisions from several central banks by the end of the week, will determine the next direction of the markets.

Cryptocurrency markets remain bullish despite Meta's second-quarter revenue decline. Bitcoin has crossed the $21,000 limit. As the assessment is prepared, the largest cryptocurrency by market cap is consolidating in the upper region of the $20,000 psychological barrier after posting a 2.5% gain in the last 24 hours. Bitcoin is gradually moving towards $21,000 and will increase its gains if it establishes a stronger foothold above this level. In the options market, changes in medium and long-term skewness indicate that sentiment is becoming more optimistic.

Ethereum is now hovering well above the $1,500 level after rising 4.7% over the same period. The second-largest cryptocurrency by market cap has hit its highest level since September amid rising sentiment and dwindling circulating supply. stETH and BETH are traded at almost par with Ethereum. As Elon Musk's Twitter deal is nearing completion, DOGE and SHIB are rising by double-digit percentages, while mid-to-large altcoins are still in the green.

Bitcoin and Ethereum remain stable in the last 24 hours

bitcoin remains stable

The Aptos NFT market has continued to expand since its mainnet launch last week, despite initial setbacks. Topaz, Aptos' marketplace, has raised $5.46 million in NFT trading to date, and Aptos Monkey, the largest project on the platform among them, has generated more than $2.3 million in volume in the last 24 hours. Aptos Monkeys also took first place on the 24-hour trading volume chart, beating all other NFT collectibles, including CryptoPunks, both Solana and across Ethereum. Meanwhile, Solana's decision not to honor creative royalties is also forcing some potential creators to explore alternatives. Projects like Zodiac World and Mogu Dragonz have announced they're moving to Aptos to capitalize on the recent excitement.