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Crypto market snaps back as sentiment lifts, with altcoins from ethereum to XRP soaring

From sherwood.news

The market capitalization of the crypto industry has jumped around $83.2 billion in the last 24 hours, with privacy-focused token Zcash and worldcoin, the native cryptocurrency of the network backed by OpenAI CEO Sam Altman, leading market gains, jumping over 22%. But the last 24 hours have been good across the board: • Ethereum has increased more than 9% to trade above $1,800, amid BitMine Immersion Technologies acquiring $139.2 million worth of ethereum. • XRP and solana have rebounded from multiyear lows, each rising roughly 10%. • HYPE has bounced up 12%. • Dog-based memecoins dogecoin and shiba inu have chased ... (full story)

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  • Category: Fundamental Analysis