Market Update: Bitcoin And Ethereum Struggles To Recover, AR And NMR Soars Significantly

Despite the market condition, top currencies, Bitcoin and Ethereum, struggle to regain their values. On the other hand, some altcoins, AR, and NMR are showing a significant gain charm over 14-days.
Since the Fed Reserve decided to raise interest rates and the May inflation report, Bitcoin has been floating in a small zone between $19,000 and $20,000. But since last month, the price of Ethereum, which had a great November like bitcoin, has been floating between $1,100 and $1,000.
Meanwhile, it made an effort and struggled to recoup its value, but the price of Ethereum couldn't rise beyond $1,100. CoinGecko data shows ETH is currently trading at $1,073.58, and in the past 7 and 14 days, ETH has lost 10.6% and 0.6% of its value, respectively.
Significant Growth in AR and NMR Arweave (AR), one of the top 100 crypto assets by performance and market capitalization, is booming, while two of the most popular currencies are faltering. Per the statistics from CoinGecko, AR has reached $11 and increased by 10% in one day, 15% in seven days, and 32% in fourteen.
A decentralized storage network, Arweave aims to provide a platform for the long-term archival of data. The Arweave network pays 'miners' to keep the network's data permanently stored using its native coin, named AR.
Similarly, Numeraire (NMR) is also leading in week gainers. It displays a noteworthy increase of 122% over a week. NMR is currently trading at $19.37, per the statistics of Coinmarketcap.
Additionally, during the previous 14 days, Numeraire has outperformed the rest of the cryptocurrency market and made massive gains, increasing by about 16% over the past day.

— Saeed Hassan of NewsBTC - Bitcoin & cryptocurrency news today, price & technical analysis

Keywords: Cryptocurrency News, Ar, Arweave, Bitcoin, Ethereum, Market Update, NMR, Numeraire

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BTC	ETH	AR	NMR