FET Defies Market Sentiment With 6% Increase, BTC Struggles at $59K (Weekend Watch)

Bitcoin’s underwhelming price performance continues as the asset slumped below $58,000 once again and has barely recovered to just over $59,000.It wasn’t a good week for the primary cryptocurrency despite some promising signs at first. Recall that the asset skyrocketed last Friday from $60,000 to over $64,000 by Saturday on the heels of positive developments on US soil. Moreover, it jumped to a three-week high above $65,100 on Monday, but that’s when everything started to go wrong.

Most larger-cap alts have mimicked BTC’s performance as of late. That means there’s not much action going on, but most are in the red. SOL, TON, SHIB, and AVAX are down by just over 1%, while TRX, ADA, and NEAR have declined by up to 3%. However, FET and AAVE have taken the spotlight, with price gains of 6-8%. FET has neared $1.2 after its daily surge, while AAVE is above $132.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

BTC Price Stopped at $65K, FET and Other AI Tokens Skyrocket (Market Watch)Crypto Blog
Source: Crypto_Potato - 🏆 568. / 51 Read more »

FET Breaks Free With 62% Surge as AI Tokens Lead Market ReboundArtificial SuperIntelligence Token FET in spotlight with massive weekly surge
Source: Utoday_en - 🏆 295. / 63 Read more »

Pepe Unchained Defies Crypto Market Downturn to Near $7.5M Presale MilestoneCrypto Blog
Source: Crypto_Potato - 🏆 568. / 51 Read more »

US Dollar recovers on Tuesday as market sentiment improvesOn Tuesday, the US Dollar (USD), measured by the DXY Index, is capitalizing on recent recovery gains near the 103.00 mark subsequent to an improvement in market sentiment.
Source: FXStreetNews - 🏆 14. / 72 Read more »

USD/JPY rises to near 148.00 as calm market sentiment dents Yen’s appealThe USD/JPY pair jumps to near 148.00 in Tuesday’s European session.
Source: FXStreetNews - 🏆 14. / 72 Read more »

Morgan Stanley's global market sentiment indicator signals risk onMorgan Stanley's global market sentiment indicator signals risk on
Source: Investingcom - 🏆 450. / 53 Read more »