After a week-long decline, the cryptocurrency market has promptly rebounded. The brief correction period seems over as names like Bitcoin, Solana, and Pepe rule the market.
The top 10 cryptocurrencies have covered up their losses from last week. Most of these coins have even gained some value on the 7-day growth chart. Names like Notcoin, Pepe, and QuarkChain are also joining these top cryptos in overturning the market trend.
Here is a quick overview of the crypto market with daily updates.
Bitcoin
The biggest crypto in the market made a comeback over the weekend, with a 3.40% surge in the 24 hours.
Its 7-day growth chart shows an uptick of 3.08%, while it gained 15% value in the past month. After almost dropping below the 64,000 dollar mark, BTC is back to touching the 70,000 dollar mark.
In the meantime, news of a Satoshi-era BTC address reactivating has surfaced. The news of Hong Kong adopting BTC in reserves has piqued traders’ interest.
Solana
Solana has been among the few good-performing coins in the past few weeks. The coin’s 24-hour growth has reached 5.88%, while its 7-day growth is 7.72%.
The SOL coin has jumped from the 174-dollar mark to the 193-dollar mark. With a monthly growth of 38.10%, SOL is the best-performing asset in the top 10 cryptos throughout the month. And it is anticipated that Solana’s price might cross its previous 52-week high of $209 soon.
That is why investors across the globe are showing interest in SOL and some associated meme coins as well.
PEPE is currently one of the best-performing meme coins in the market. Outperforming established names like Shiba Inu and Dogecoin is no easy feat.
However, Pepe has achieved this with its impressive 24-hour growth of 4.36%. Its 7-day and 30-day growth are minuscule; however, the meme token is offering good returns at a stable rate. In similar news, Pepe has reported gaining 80% value in Q3 2024.
Ethereum
This is the first time Ethereum has seen 4.39% growth since the SEC approved ETH ETFs in the US.
The ETH has lost 4% value in the past 7 days and 0.62% value in the past month. After crossing the 3,500-dollar mark, ETH is currently trading at 3,355 dollars. Over the past few weeks, the coin has shown unnatural volatility, but as per the Ethereum predictions, it is poised to regain its value as the ETF revenue begins to flow in.
Notcoin
NOT has been on a shaky road for the past week, losing 10.14% value in 7 days. Its one-month loss is also at 1.92%, but the coin has gained 2.01% in the past 24 hours.
It trades at 0.01391 dollars, and traders expect an upcoming bullish rally.
As the market recovers, more coins regain their lost value. Market forces alone have achieved this recent growth, and experts anticipate this surge to persist for at least a few days.
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