QNT has taken the main stage, with a notable 20% surge to $115.
After several days of depressing price movements, bitcoin finally went on the offensive and shot up by almost $2,000 in the past 24 hours to register its highest price tag since June 8.
Following the SEC’s lawsuits against the two largest crypto exchanges – Binance and Coinbase – as well as the CPI numbers from Wednesday and the Fed’s pivot from its interest rate hiking policy, bitcoin’s price performance was quite underwhelming.. The altcoins, though, suffered even more, and the total crypto market cap had declined by $130 billion within less than two weeks at one point.
Needless to say, most altcoins have mimicked or even outperformed BTC on a daily scale, with Solana, Polygon, Ethereum, Aptos, and Algorand jumping by up to 9%. QNT has soared the most from the larger-cap alts, following a 20% surge.
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