Although the crypto currency market has shown a limited growth during the day, it was able to avoid correction in general. The total crypto market value was supported by $ 2,64 trillion, while Bitcoin holds over $ 82,000.
One of the most important factors in staying strongly in the market was that major corporate investors maintained their confidence in Bitcoin. According to the over -chain data provided by Arkham Intelligence, large Bitcoin ETF exporters provided a net introduction of $ 220 million.
In addition, an important technical development from the Ethereum front supported the optimism in the market. Ethereum’s network upgrade on Pectra will be applied to the main network on May 7. This update aims to provide solutions to basic problems such as high trading fees, network blockage and integration problems between execution and execution layers. Ethereum’s infrastructure developments can give a new momentum to projects in the fields of defi and NFT.
While maintaining its strength without making the market correction, many Altcoin also recorded significant rise.
Pendle (Pendle)
Pendle Bloczinin’s crypto currency Pendle was the most accelerated Altcoin of the day due to large investor purchases, coinbase listing and expansion on the defi platform. Pendle news was traded for $ 3.04, increasing by 10.10 percent in the last 24 hours.
Cosmos (atom)
The crypto currency of the Cosmos blockyr is the second one of the most rising Altcoins with its general market recovery and increasing interest in the ecosystem. Atom news was traded for $ 4.74 in terms of writing.
SONIC (S)
Sonic (S), formerly known as Fantom (FTM), has risen with the recovery of purchase signals from technical formations and the general market recovery. The value of S increased by 6.56 percent in the last 24 hours. S news was traded for $ 0.4778 as of writing.
Kaspa (muscle)
The crypto currency of Kaspa blocking has taken its place among the Altcoins that gained value due to the effect of muscle, upcoming network update and overall market sensitivity. The value of the muscle rose by 6.61 percent in the last 24 hours. Muscle news was traded for $ 0.06502 as of writing.
Maker (MKR)
The crypto currency of the Maker protocol entered a strong upward trend with high purchases of whales. The value of MKR rose by 5.04 percent in the last 24 hours. MKR news was traded for $ 1,319 as of writing.
