Crypto prices today: Bitcoin, Ethereum & EverGrow recovering from lows

Crypto prices are on the rise today. Bitcoin still dominates 41.5% of the market, followed by Ethereum at 18.86%.

Crypto prices are on the rise today as Bitcoin broke above $45,000 for the first time in a month. The world's most popular digital token grew from a low of $36,000 just one week ago, a 25% rise. Overall Bitcoin is down about 7% in 2022 (year-to-date or YTD) so far, and it's still over 36% away from its record high of $69,000 achieved in November 2021.

The total cryptocurrency market cap is at $2.004 trillion, down 1% in the last 24 hours. Bitcoin still dominates 41.5% of the market, followed by Ethereum at 18.86%, Tether at 4.05%, Binance Coin at 3.58%, and USD Coin at 2.64%.

Ether, the coin linked to the Ethereum blockchain, also gained 3.7% to $3,195 in the last day. Similarly, Binance Coin also rose about 0.7% to trade at $424.

Dogecoin's price increased 1.6% to $0.159855, while Shiba Inu grew over 3.9% to hit $0.00003306. Scores of other crypto coins were also in green, recovering from lows in the morning as Stellar, Avalanche, Cardano, Polygon, Polkadot, Solana, Ever Grow prices were trading higher over the last 24 hours. 

Solana and Polkadot meanwhile have grown 28% over the last seven days, with Cardano up 24%. Ever Grow Coin has recovered 38% over the past seven days. Ever Grow is a newcomer in this list only launched in 2021, but which nearly hit a $1 billion market cap within its first months of operation. Many analysts are predicting it will be a new crypto top 20 in the coming year and $EGC's rising prices in 2022 so far are proving strong.

The crypto market marked the third week of inflows at $133 million, according to a new report from the CoinShares digital asset manager. Bitcoin was at the top of all inflows, with $71 million, which is the largest since early December.

Ether, on the other hand, recorded net outflows of $8.5 million in the week ending February 4, its ninth straight week of outflows, which total $280 million. That represents 2.2% of assets under management (AUM), according to CoinShares.