The whole crypto market is currently recovering. It was up over the last 24 hours as most of the top 10 cryptos were at or above the writing time. The US’s three major indices dipped yesterday ahead of the Federal Reserve’s final monetary policy decision of 2021 today. The declines in the SPX500 (-1.75%) were led by Adobe, the software giant.

Today’s oil prices were slightly lower. Yesterday, the International Energy Agency(IEA) stated that Omicron-Covid-19 cases will increase oil demand internationally.

Top cryptos

Bitcoin traded at $48,000 today, with gains of around 2%. XRP, Cardano and Ethereum were all up around 3%. Dogecoin rose around 14% following Musk’s announcement that he would accept it as payment for goods.

Avalanche has seen a 16% increase in sales outside of the top 10. USD Coin is now accessible on AVAX’s platform. Polygon saw a 12% increase in its profits.

Top Movers

Elrond, at #30 with 18%, and PancakeSwap are the biggest gainers. Elrond, a blockchain protocol, aims to provide extremely fast transaction speeds through sharding. The project describes itself to be a technology ecosystem for a new internet that includes fintech, decentralized financing, and the Internet of Things.

Today’s PancakeSwap live price is $12.82, with a 24-hour trading volume at $353 million. PancakeSwap’s price has risen 14% over the last 24 hours.

Waves was the winner with 11%, and Kadena almost 11%. XDC Network has increased 13%