Cryptocurrency Market Rebounds Strongly: Bitcoin, Solana, and Pepe Lead the Way
Cryptocurrency Market Rebounds After Week-Long Decline
After a week of decline, the cryptocurrency market has swiftly rebounded, with top names like Bitcoin, Solana, and Pepe leading the charge. The top 10 cryptocurrencies have not only covered their losses from last week but have also gained value on the 7-day growth chart.
Bitcoin, the largest cryptocurrency in the market, made a comeback over the weekend with a 3.40% surge in the past 24 hours. Its 7-day growth chart shows an uptick of 3.08%, with a 15% increase in value over the past month. News of a Satoshi-era BTC address reactivating and Hong Kong adopting BTC in reserves has sparked interest among traders.
Solana, one of the best-performing coins in recent weeks, has seen a 5.88% growth in the past 24 hours and a 7.72% growth over the past week. With a monthly growth of 38.10%, Solana is expected to surpass its previous 52-week high of $209 soon, attracting investors worldwide.
Pepe, a meme coin, has outperformed established names like Shiba Inu and Dogecoin with a 4.36% growth in the past 24 hours. Ethereum has also seen a 4.39% growth since the SEC approved ETH ETFs in the US, despite losing value in the past 7 days.
Notcoin, on the other hand, has been on a shaky road, losing 10.14% value in the past week. However, it has gained 2.01% in the past 24 hours, with traders expecting an upcoming bullish rally.
As the market recovers, more coins are regaining their lost value, driven by market forces. Experts anticipate this surge to persist for at least a few days, making it an exciting time for cryptocurrency investors.
