The cryptocurrency market demonstrates resilience as investors make purchases following a recent dip. Bitcoin and several altcoins are starting to rise in price.
Bitcoin Recovers from Dip
Bitcoin price rose to $114,300 after falling to $112,000. This increase also impacted several altcoins, with notable rises in MYX Finance, Treasure, and Stellar.
MYX Finance Rises Ahead of V2 Launch
MYX Finance token became the top gainer, soaring 131% to $0.2945, marking its highest level since March 16. MYX's success is attributed to the strong performance of its trading platform, with trading volume exceeding $9.07 billion last month.
Other Cryptocurrencies on the Rise
Treasure also showed a significant gain of 15%, while Stellar rose 15%, reaching $0.4100. This occurred amid declining exchange supplies, indicating that investors are holding onto their tokens.
Despite recent fluctuations, the cryptocurrency market shows signs of recovery, supported by the growth of key assets. Major cryptocurrency projects such as MYX Finance and Stellar are also demonstrating positive results.
