Market Update: ETH above $4.1k (+8.6%), BTC at $57,7k (+0.8%) & KLV at $0.0876 (+2.8%)
ETH breaks a new ATH and the $4k milestone to trade at $4,144 (+8.6%), while BTC sits at $57,739 (+0.8%), KLV is above $0.0876 (+2.8%) & TRX at $0.142 (+2.4%).
Ethereum (ETH) has broken yet another All Time High (ATH), this time above the $4k milestone, and is currently trading at $4,1k.
Meanwhile, Bitcoin sits at $57,7k as the BTC network recorded a new record in hashrate on May 9, underscoring the continued strengthening of BTC’s fundamentals and network infrastructure.
On May 9, the Bitcoin hashrate hit a new ATH when the network’s miners processed 206 EH/s. The Bitcoin hashrate is a calculated value that specifies an estimate of how many hashes are being generated by Bitcoin miners trying to solve the current Bitcoin block or any given block on the BTC chain. The higher the hashrate, the stronger and more secure the Bitcoin network becomes.
Although the Bitcoin hashrate is not directly correlated with the BTC price, there is historical data that suggest that when there is a surge hashrate and mining power, BTC price often follows and subsequently appreciates. That being said, the main takeaway from the Bitcoin blockchain hitting a new record high in hashrate is that the infrastructure of BTC keeps expanding and solidifying, further strengthening BTC’s fundamentals and network mining infrastructure.
Klever (KLV) is currently trading at $0.0876 and has increased +2.8% in 24h, and is up +1.87% against Bitcoin to 0.000001512 BTC. On May 8, Klever announced that the Klever Exchange beta is live and that the first batch of beta testers have been selected.
The idea behind Klever Exchange is fully based on providing a simple, intuitive and powerful user experience where anyone can trade, with unmatched speed and advanced security architecture to fully protect user funds.
Public beta testing is in full swing as the Klever team will use all user feedback to polish and optimize the exchange experience to provide the simplest, fastest and safest trading platform on the market. Social media is full of beta testers posting screenshots and their amazement for the speed and ease of use of the beta. You can submit your request to become a Klever Exchange beta tester for Android at:
Read more about Klever Exchange beta launch here:
Klever Exchange Beta Launch - Become A Beta Tester Today!
Meanwhile, Bitcoin (BTC) is up +0.8% on the day, trading around $57,739 at this time. Ethereum (ETH) has increased +8.6% to trade above $4,144, Tron (TRX) at $0.142 and a daily increase of +2.4%, while Binance Coin (BNB) is up +0.7% to trade at $663.
KLV: $0.0876 (+2.8%) in 24h, at time of writing, 0.000001512 BTC (+1.87%)
KFI: $355 (+0.1%)
BTC: $57,739 (+0.8%)
ETH: $4,144 (+8.6%)
TRX: $0.142 (+2.4%)
BNB: $663 (+0.7%)
LTC: $385 (+9.9%)
XRP: $1.54 (+3.1%)
DOGE: $0.49 (+7.6%)
DASH: $406 (+6.1%)
BCH: $1,455 (+9.7%)
Swap all these cryptocurrencies at the push of a button in Klever Swap, with over 300 different trading pairs.
You can also purchase the following cryptos inside Klever App in what is the market’s safest and fastest way to buy crypto with Apple Pay or Credit Card: BTC, KLV, ETH, XRP, TRX, BNB, USDT, USDC & CEL.
KLV is currently trading at:
Director of Communications at Klever