Is the Crypto Market Back on the Uphill Trend?

Bitcoin Outperforms Both Nasdaq and S&P 500 in September
  • Market cap of BTC rose up to $438 billion after a 7.56% gain.
  • According to CMC, the top gainers of the day are LDO, SNX,BCH, BTG and UNI.

The crypto market has popped into the recovery path after a horrible episode of crashes over the past few months. It has started to regain its path, as the red candles of the first cryptocurrency Bitcoin turned green on the charts fulfilling investors’ wish.

The overall value of the cryptocurrency market rose by 7.09% to $1.05 trillion. At the time of writing, Bitcoin (BTC) had increased by 7.66 percent to $22,951 and Ethereum (ETH), the second-largest coin, was trading at $1,624. 

The most popular meme coin, Dogecoin (DOGE), went up in value by 6.23 percent over the past day to trade at $0.066, while Shiba Inu (SHIB), its rival, increased in value by 5.37 percent to trade at $0.000011.

Today’s gainer from CMC

Lido DAO (LDO), Synthetix (SNX), Bitcoin Cash (BCH) ,Bitcoin Gold (BTG), and Uniswap (UNI) are the cryptos that were listed as the top gainers by the popular crypto-data aggregator, CoinMarketCap.

Lido, a liquid staking solution for blockchains using proof of stake (PoS), traded at $2.03 after exhibiting a 35.85% gain. Synthetix Network (SNX), an ERC-20 token, rose 26.85% to $3.75, at the time of writing.

Bitcoin Cash (BCH) is an altcoin version of bitcoin.trading at the price of $146 and rose to 24.50%

Bitcoin Gold (BTG), a cryptocurrency hard forked from Bitcoin, has increased by 25.25% in the last 24 hours to trade at $27.07.Uniswap (UNI)  is a exchange token priced $ 8.25 after rose to 23.05% 

According to the DefiLlama,it was surge from  $83.54 to $87.27 at the time of writing that is it was rose  to 4.47% from 24 hours  

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A passionate writer who  is keenly exploring crypto and Blockchain loves to know about new things and exploring what is happening in world.