The Increase in Risk Appetite in Bitcoin Benefited These Altcoins the Most! Here are the Winners of the Day!

Bitcoin (BTC) And this week has been an important week for cryptocurrencies. Because this week, US inflation data and PPI data, which are closely followed in BTC, were announced.

Even though US inflation data came in below expectations BTC subsequently experienced a sharp decline. However, Bitcoin recovered afterwards and rose again to the level of $ 37,000.

While analysts state that they expect the rise in BTC to continue at this point, BTC It has increased by 2.25% in the last 24 hours.

Although Bitcoin experienced a nice rise in the last 24 hours, the sharp decline it experienced during the week caused the weekly rise to remain at low levels.

largest altcoin Ethereum (ETH) When we look at the weekly change, it is seen that it is better than BTC and there is a 6.8% increase on a weekly basis.

At this point, when we look at the most gaining altcoins in the last 24 hours, according to Coinmarketcap data Synthetix (SNX) ranked 5th with an increase of 17%, Avalanche (AVAX) ranked 4th with an increase of 20.1%, Kaspa (KAS) ranked 3rd with an increase of 28.9%, Render (RNDR) ranked 2nd with an increase of 30.5%. ) and yearn.finance (YFI) ranked first with an increase of 32.2%. It seems to be.

According to Coinmarketcap data, the biggest losers in the last 24 hours are as follows: Polygon (MATIC) ranked 3rd with a loss of 3.73%, Celestia (TIA) ranked 2nd with a loss of 4.29% and Gas (GAS) ranked 1st with a loss of 4.4%. is available.

The popular analysis company, which tries to measure the emotional reflexes of cryptocurrency investors, calculates it based on trends in market volatility, market volume acceleration, social media interest, Bitcoin dominance chart and types of research on cryptocurrencies on the internet, “fear and greed index” Today it was calculated as 70 points out of 100.

*This is not investment advice.