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Coin-turk.com 2023-06-19 13:25:17

10 Altcoins Steal Spotlight with Upward Surge Amid Market Pressure

In the aftermath of the U.S. Securities and Exchange Commission’s (SEC) lawsuits against Binance and Coinbase, two of the world’s largest cryptocurrency exchanges by volume, Bitcoin (BTC) and other altcoins found themselves under substantial selling pressure. However, Bitcoin’s upward movement from its support level at $25,000 breathed life into numerous altcoins. Notably, 10 altcoins grabbed the limelight with their performance over the past week. Investors’ Eyes on These 10 Altcoins The SEC’s lawsuit against Binance and Coinbase had a profound impact on the altcoin market. The classification of many prominent altcoins, such as Cardano (ADA) and Solana (SOL), as securities shook the market to its core. After Bitcoin’s rebound from $25,000, several altcoins embarked on an upward trajectory. According to the weekly list of top-performing altcoins compiled by CryptoDep, ASTRA, SQUAD, TWT, KAS, AKT, ANT, SUI, MTL, ORDI, and LYXE have gained substantial attention due to their rising trends. Data […] The post 10 Altcoins Steal Spotlight with Upward Surge Amid Market Pressure appeared first on COINTURK NEWS.
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