What Happened To Cryptos After Bitcoin (BTC) Halving Today?

With Bitcoin (BTC) surpassing $64K and Ethereum (ETH) gaining momentum towards $3.1K, here are the price movements of top altcoins like Cardano (ADA) and XRP amid the market rebound.

Bitcoin (BTC) Holds Strong

Bitcoin (BTC) demonstrated resilience by maintaining levels above $64,000 amidst today's market rebound. This positive movement signals continued strength in the cryptocurrency's price.

Ethereum (ETH) Approaches $3.1K

Ethereum (ETH) showed renewed vigor as it edged closer to the $3,100 mark, reflecting increasing investor interest and confidence in the second-largest cryptocurrency by market capitalization.

Cardano (ADA) Surges Over 8%

Cardano (ADA) witnessed a significant surge of over 8%, highlighting a robust recovery in its price. This rally underscores renewed investor optimism towards ADA and the broader crypto market.

Market Overview: Uptrend

Altcoins Surge

Several altcoins demonstrated positive price movements alongside Bitcoin and Ethereum: Binance Coin (BNB) surged by 3.10%, while Solana (SOL) surpassed $140 with a 3.24% increase. XRP marked a 4.80% gain, and Cardano (ADA) rallied to an 8.66% increase.

Meme Coins Join the Rally

Popular meme coins like Dogecoin and Shiba Inu followed the market trend, with Dogecoin and Shiba Inu rising above 5%. The broader recovery in crypto prices has also boosted sentiment across meme coins.

Top Crypto Gainers Today

Pepe Coin (PEPE), a Solana-based meme coin, saw a rebound with a 4.42% increase. Meanwhile, Arweave (AR) emerged as the top gainer, soaring by nearly 17%, accompanied by a significant increase in trading volume.