The crypto money market shows signs of recovery with the increasing interest of global investors. Despite the inflation data announced in the USA, the positive appearance of the market draws attention. Especially Bitcoin $96,171.63 and Ethereum $2,626.94value increases in value increase the risk appetite of investors. The market value increased by 2.91 %to 3.23 trillion dollars, while the transaction volume increased by 24.91 %.
Bitcoin and Ethereum show strong rise
In the crypto currency market, Bitcoin has gained 2 %value in the last 24 hours and reached $ 97 thousand 539. This rise took place in parallel with the general optimism of the market. Analyst Ali Martinez said that if Bitcoin exceeds the resistance level of $ 97,530, a new wave of rise would be possible. This critical level caused investors to turn their eyes into Bitcoin movements.
Ethereum was one of the most striking crypto currencies in the market. The value of Ethereum increased by 6 %to 2 thousand 742 dollars. While crypto currencies such as XRP and Solana gained value similarly, this rise trend showed that the market gives general recovery signals. Popular Breast Coins Dogecoin $0.254691 And Shiba Inu also received its share of this positive atmosphere and showed significant increases in the hourly trading volumes.
Winners and losing
Pancakeswap was one of the biggest -earning crypto currencies in the market. Pancakeswap attracted the attention of investors by gaining 59 %in the last 24 hours. Onyxcoin and Jito rose by 22 %and 17 %, respectively. These rapid value increases have shown that the market offers more earnings potential for some subcoins.
On the other hand, some crypto currencies such as Bitget Token, Dexe and Heliium have suffered depreciation in the last 24 hours. These losses remind you that some crypto currencies can perform negatively despite the general optimistic atmosphere of the market.
While investors should continue to move cautiously, the increase in transaction volume and the rise in the market value reveal that the interest in the crypto money market remains alive. Investors who closely monitor market dynamics continue to take strategic steps in the light of these developments.
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Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and perform their operations in line with their own research.