BTC Suffers as ETH Surges

INDEX EXCHANGE
2 min readMay 6, 2021

Ether’s rally is showing no signs of slowing down, with the №2 cryptocurrency hitting $3,500 on Tuesday. Although this is cause for celebration, the high-octane rally has been at the expense of Bitcoin. While ETH has risen by 5% in the past 24 hours, BTC is down 5.5%… falling below the crucial $55,000 mark at the time of writing.

DOGE Market Cap Overtakes XRP!

If I told you a month ago that Dogecoin’s market cap would overtake XRP and Tether, you would have laughed me out of the room. No one’s laughing now. DOGE has hit highs of $0.5876, making it the fourth-biggest cryptocurrency. Gemini and eToro announcing they now support this altcoin may have contributed to the surge.

40% Plan to Use Crypto for Purchases

A Mastercard survey suggests 40% of consumers plan to use cryptocurrencies to make a purchase in the next 12 months. Meanwhile, a staggering 75% of millennials said they’d be prepared to use Bitcoin and altcoins if they understood them better. The poll comes as the credit card giant prepares to add crypto as a payment option for millions of us.

May the Fourth Be With You!

A big day for Star Wars fans just got even bigger. May 4 is Star Wars Day — a riff on the classic line “may the force be with you.” Now, an NFT marketplace has launched a new collection featuring over 800 limited-edition collectibles from the famed sci-fi movie franchise. Each token is a digital twin of an actual physical item.

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