Today was mixed for the crypto market. Yesterday saw the three main US indices rebound as oil prices fell.
The SPX500 rose 1.43% and the DJ30 was up 1%. Meanwhile, the NASDAQ100 rose 1.93%. Nvidia (+9.39%) was followed by Intel (+6.74%), and Monolithic Power Systems (+16.61%).
Solana gained 5% and Ethereum 4% respectively. Cardano gained almost 6%, continuing its rise over the past seven trading days, when it gained just below 39%. Bitcoin was trading at $44,000 as of the writing time, up 2.5% over 24 hours.
Ethereum Classic is now up 8% and has begun to gain again. Axie Infinity gained 22% today, continuing its rally from yesterday. AAVE gained 7%, and Convex Finance – 9%. As it recovers from a catastrophe in the past, it is up 25%.
Quant and Qtum, which are ranked 90th in the world, were up by 13% and 12% respectively. Quant has recently released Overledger 2.2.2. This new release brings new capabilities for smart contracts in tier-two to mint and burn tokens, and account management.
The other end of the coin spectrum is where few coins have lost more than 5%. ApeCoin has fallen 7% making it the largest loser of the top 100. The losses it has suffered in the last 7 days amount to 15%. Some decline was possible after its outstanding performance.
Today’s biggest gainer is the token Web3 ALL BEST ICO(WEB3ALLBI), which allows you to create your own cryptocurrency. It is up 995 percent in the last 24 hour. It is not the first day it has been the largest gainer of the day. Its steady rise is a sign of increasing interest in crypto markets.