In spite of a minor price increase, the cryptocurrency market made a swift turnaround, with BTC reclaiming its position at $57,400. The value of BTC soared above $58,000 following reports that the German government had exhausted its BTC reserves. Meanwhile, several altcoins experienced significant gains in the past 24 hours, bringing joy to their investors. So, let’s take a look at the top three altcoins that have risen in value recently.
ORDI Price Update:
Within the volatile realm of cryptocurrency, ORDI, an integral part of the Bitcoin network, witnessed a surge in value over the past day. For the latest technology news, visit NEWSLINKER.
ORDI’s price rose to $33.53, marking a 9.64% increase within 24 hours. This rise was further supported by a 20.48% jump over the past week. However, it’s important to note that ORDI’s all-time high remains at $96.17.
With an increase of over 9%, ORDI’s market capitalization surpassed $697 million. The surge in price was also accompanied by a 42% rise in trading volume, which reached $143.5 million.
Maker (MKR) Price Overview:
Ranked fourth on the Coinmarketcap list of RWA tokens, MKR emerged as the second most profitable cryptocurrency for investors in the past 24 hours.
Over the past day, MKR experienced a 6.11% price increase, with a 12.41% rise over the past week. At the time of writing, MKR was trading at around $2,484.
MKR’s trading volume remained stable at $2.311 billion, while the 24-hour trading volume stood at a modest $124 million.
Cardano (ADA) Price and Whales:
Among the cryptocurrencies that made waves in the past week, ADA secured the 10th position with a market value of $14.8 billion. It is believed that the significant surge in whale activities, surpassing 1200%, greatly influenced ADA’s price movement.
Over the past week, ADA’s price soared by 18.13%, with a 4.60% increase within the past 24 hours, capturing the attention of investors. As a result, ADA’s price reached $0.4133, while the 24-hour trading volume amounted to $345 million.
However, considering ADA’s long-term goal of reaching $1, it is clear that it still has a long way to go before achieving this milestone.
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Disclaimer:
The information provided in this article should not be treated as investment advice. Investors should be aware that cryptocurrencies are highly volatile and carry substantial risks. It is advisable to conduct thorough research before making any investment decisions.