Bitcoin and altcoins

Bitcoin has risen for the fourth consecutive day, managing to close above the $64,000 area.

Last week also closed in the green. After adjusting to around $56,500, BTC rebounded strongly back above the $64,000 area, closing up nearly 1.5%, officially ending the four-week decline since April 2024.

Altcoin markets continued to rise yesterday

Some of the major projects in the top 100 saw growth of over 10%, including: Worldcoin (WLD), Arweave (AR), SingularityNET (AGIX), Render (RNDR), Fetch.ai (FET).

Other major altcoins such as NEAR Protocol (NEAR), JasmyCoin (JASMY), The Graph (GRT), Cosmos (ATOM), Hedera (HBAR), Monero (XMR), Bittensor (TAO), Pyth Network (PYTH), Akash Network (AKT), Ondo (ONDO), dYdX (DYDX), Jupiter (JUP)… rebounded from 5-8%.

Ethereum (ETH) also formed a 4-day upward momentum, with the price stabilizing above the $3,100 mark.

However, on longer time frames, ETH is in the red this week despite the recent recovery.

ETH is currently trading around $3,150, a slight increase of 1.5% over the past 24 hours.

(Personal opinion, not a recommendation)

In the crypto industry, if you want to seize the next bull market opportunity, you must have a high-quality circle and maintain insight. If you are alone, looking around and finding no one, it is actually very difficult to persist in this industry. Follow the homepage!

If you like it, please follow us for more articles.

Thanks for reading! See you next time!