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Cryptocurrencies: Rising Avalanche and Rebounding Bitcoin Cash

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by Giorgi Kostiuk

3 hours ago


The cryptocurrency market is seeing renewed interest in projects like Avalanche and Bitcoin Cash, as well as in newcomer BlockDAG, which is offering unique incentives for investors.

Avalanche Price Situation

The price of Avalanche (AVAX) remains stable, holding between $15 and $17. Recently, it dipped to $14.84 but has slightly recovered. Analysts note that if the current price zone holds, a move towards higher levels may be possible. This historical area attracts buyers, and market participants are closely watching for further fluctuations.

Short-term Growth of Bitcoin Cash

Bitcoin Cash news showed a 10% increase to $268.96 following the announcement of the tariff pause in the U.S. While this provided a short-term boost, trading activity has slowed, reflecting caution among market participants. The key support at $249.90 remains under pressure, and a breakout above the upper trendline may lead to further gains.

BlockDAG: New Bonus and Project Interest

BlockDAG has attracted attention by offering a new 600% bonus to presale participants. The presale has raised over $215 million, with approximately 19.2 billion coins sold. The program offers additional benefits such as early access to global events and priority participation in the mainnet rollout. Demand for infrastructure is also rising with the sale of over 16,919 mining devices, showcasing growing interest in the project.

Current events in the crypto market reflect a mix of cautious optimism and tension. Avalanche holds its ground, Bitcoin Cash shows short-term fluctuations, and BlockDAG stands out among offerings with its new bonus and expansion efforts.

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