Bitcoin, which rose above $95,000 with a response from $93,700, revived the altcoin market.
Bitcoin, which was on a downward trend for the past two weeks, has started to show positive signs. The leader of cryptocurrencies, which fell to $93,700 in the morning, later rose to $96,500. BTCAs of press time, it’s changing hands for $95,300. ok BTCWhich altcoins kept pace with this surge?
1- Algorand (some)
ALGO, often mentioned in the 2021 bull, rose 13% in the last 24 hours. ALGO, which traded at $0.35 at the time of writing, can target $0.50 as long as it continues on the upside.
2- AAVE
AAVE, the popular name for DeFi projects, rose 11% in the last 24 hours. Standing strong in the fall, AAVE gave positive indications for the upcoming bull season. A short-term focus resistance level for equity would be $350.
3- Curve DAO (CRV)
CRV, which gained 10 percent in the last 24 hours, managed to maintain its uptrend. The popular altcoin, which is priced in the $0.85 band, could hit the $1 band if it maintains this level.
4- FTX Token (FTT)
FTT, the native token of sunken crypto exchange FTX, made an unexpected debut. FTT, which gained 8 percent in the last 24 hours, is fourth on the list. Rumors that FTX will reopen will further stimulate the price.
5- Hedra (HBAR)
HBAR, which bucked the upward trend with spot ETF claims, has performed 6 percent in the past 24 hours. In a scenario where the claims are true, a sharp increase can be seen for HBAR.
This article does not contain investment advice or recommendations. Every investment and trading venture involves risk, and readers should do their own research when making decisions.
