Investing.com – As the cryptocurrency market appears to be recovering, after a strong rebound in the largest cryptocurrency thanks to historical news from El Salvador. The recent Bitcoin uprising came during Wednesday’s trading after the historic approval of the Parliament of El Salvador on a law making it an official currency for the country.
It seems that the winds of change have blown the world of alternative currencies, the lowest price, from which the spotlight receded a little after the loud currencies grabbed the spotlight even from the big ones.
The largest digital currencies succeeded in exceeding the $36,000 levels during those moments, after increases of more than 15%, to reach $36.2 thousand, while their market value is about $680 billion. During those moments, one of the coins that once filled the crypto market with buzz managed to grab the lead again.
Bitcoin Gold, one of the many currencies that adopt the same operating system as Bitcoin, has increased with some updates, to come at the forefront of the rise in the cryptocurrency market.
During those trading Wednesday, Bitcoin Gold rose more than 25% to levels of $65, while its market value is now around $1.1 billion.
The Zeta Fuel currency is still recording successes and price jumps to consolidate its gains within 7 days by more than 75%, while it reached levels of $0.621 and its market value rose to $3.3 billion.
According to analysts, major protocol upgrades could play an important role in altcoin rallies regardless of the state of the broader cryptocurrency market as new features for token holders help attract new investors. And one ecosystem that has been improving over the past two weeks is Theta Protocol.
The project’s Theta token is up 50% and Theta Fuel () is up 71% before the launch of the mainnet on June 30.
While the Solana currency, one of the currencies formed in the recent period, increased by 22% to levels of 43 dollars, and its market value reached 11.5 billion dollars.
The Telcon coin rose by more than 17%, rising to levels of $0.033, while its market value reached more than $1.7 billion.
The Algo currency increased to trade the highest levels of the dollar at a price of $1.05, an increase of 16%, while its market value reached $3.2 billion.
While the Kuzama currency rose to levels of 445 dollars, an increase of 15%, while its market value jumped to 3.8 billion dollars.
The article does not express a recommendation or nomination, but merely a monitoring of market fluctuations, as trading in digital currencies involves high risks, including the risk of losing some or all of the investment amount, knowing that it is not completely subject to financial authorities and markets.
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