Avalanche (AVAX) has successfully maintained an upward trajectory over the past week, riding the wave of the broader market recovery. Currently trading at $28, the altcoin’s price has experienced an 8% increase in the past seven days. This recent uptick in AVAX’s value comes on the heels of an extended
Cardano’s price hit a nearly two-month high of $0.4299 in the past 24 hours, surging by 4%. This rise occurs despite trader sentiment largely writing off the altcoin, with its price remaining down by 43% over the past four months. Notably, Cardano had hit an eight-month low of $0.3165 during
The crypto market is briefly in the bullish sentiment. Alongside Bitcoin and Ethereum, altcoins recorded notable recovery gains in the last 24 hours. Despite demonstrating an uptrend, the price spikes in the memecoin market fall short of dominating. Will the sector’s uptrend pick a bullish pace? The Dune Analytics data
Amidst a bullish revival in the altcoin market, the Chainlink (LINK) token is witnessing a high momentum reversal rally. The LINK token price has surged by an impressive 12% over the past few days before experiencing an intraday hit of 2.14% today. As the altcoin currently trades in the $14
Litecoin (LTC) marked a bullish milestone yesterday by closing above its falling wedge pattern, a formation in which the altcoin had been trading since March 31. This breakout signaled a surge in buying pressure, but surprisingly, traders who took advantage of the rally by selling their holdings experienced major losses.
Halfway through 2024, total crypto market capitalization maintained its ascent, reaching over $2.27T, reflecting a 37.3% gain year-to-date, after a robust 2023. Gains were concentrated in the first three months of the year, when they increased by a substantial 60.2%. The cryptocurrency market lost some of its gains and sank
While the global crypto market turns positive, Ripple’s XRP has firm signs of resurgence, bolstered by improving market sentiment and anticipation surrounding upcoming SEC developments. The XRP market sentiment has notably turned positive, buoyed by expectations surrounding an upcoming SEC settlement discussion scheduled for July 18th. Speculation is rife that
While the global crypto market turns green for the week with Bitcoin (BTC) climbing to $63,000, the leading altcoin Solana (SOL) breaches the $160 zone after five weeks of consolidation. This positive trend is fueling optimism among investors and analysts alike. According to on-chain analyst @ali_charts, if Solana’s price reaches
The Federal Reserve will likely not wait for the inflation to fall below 2% before decreasing interest rates, according to Federal Reserve Chair Jerome Powell. Although it is still higher than the Federal Reserve’s 2% objective, recent data from the US Labor Department reveals that inflation is dropping to 3%.
The global crypto market has rebounded sharply, with the total market cap reaching $2.29 trillion, marking a 3.69% increase over the past day. Trading volume surged by 23.24% to $64.1 billion in the last 24 hours, dominated by stablecoins which accounted for $58.52 billion, constituting 91.29% of the total volume.
