Bitcoin rose above the $95,000 level with the reaction it received from $93,700, giving momentum to the altcoin market.
Bitcoin, which has been declining for the last two weeks, has started to show a positive outlook as of today. The leading cryptocurrency, which fell to $ 93,700 in the morning hours, then rose to $ 96,500. As of now, BTC is traded at $ 95,300. So, which altcoins accompanied this rise in BTC the most?
Algorand (ALGO)
ALGO, which has made a name for itself in the 2021 bull market, has gained 13% in the last 24 hours. Currently trading at $0.35, ALGO could move towards $0.50 if it continues its uptrend.Aave (AAVE)
AAVE, one of the leading projects in the DeFi space, has increased by 11% in the last 24 hours. AAVE, which has managed to stay strong during declines, is giving positive signals for the upcoming bull season. The resistance level that the pair should pay attention to in the short term is around $350.Curve DAO (CRV)
CRV, which has increased by 10% in the last 24 hours, continues its upward trend. Currently trading at $0.85, the popular altcoin could target the $1 band if it can maintain this level.FTX Token (FTT)
FTT, the token of the defunct crypto exchange FTX, has seen an unexpected surge, gaining 8% in value in the last 24 hours. Rumors that FTX will be back in business could lead to more volatility in the price of FTT.Hedera (HBAR)
HBAR, which has been on an upward trend with spot ETF expectations, has gained 6% in the last 24 hours. If these claims are true, HBAR is likely to record strong gains.