Over the last 24 hours, volatility was relative to crypto markets.
Yesterday, the UK100 dropped 1.03% due to poor investor reactions to renewed British sanctions against Russian oligarchs. Evraz could be removed by the UK100 from next week because of its collapsed share price.
The US markets crashed yesterday after fresh inflation numbers reaffirmed fears about tightening monetary policies. According to the US CPI inflation report, prices rose 7.9% annually.
The price movements for most of the top 10 cryptos were less than 1%. Avalanche gained 2% and Polkadot increased its value by 5%, which is quite an achievement.
Stacks is the top mover today, after Okcoin, a crypto exchange, announced a partnership to create the Bitcoin Odyssey.
Okcoin will pledge $165 million for founders and projects working on decentralized applications on Bitcoin or Stacks. Stacks has added more than 30% to its current value.
Kadena gained 25% upon the announcement of a Binance listing. THORChain increased its value by 16%
Elrond has seen several positive developments in recent times, which have reflected on its current price. It’s up around 10% in the last 24 hours.
Yesterday, it was announced that Capital Finance Services, a member in good standing of Twispay, an active e-money brand, had been acquired by the network.
Privacy coin Zcash is up 11% after yesterday’s dip. Arweave is at 9%. Waves has lost 5.89% following an extended rally, however it still has 35% weekly gains.
FWC is the token representing a project called Qatar 2022 Token. This token is gaining popularity as the World Cup draws near. 1 FWC might be worth just $2.88e-10, but it’s up 532% in the last 24 hours.