ETH, XMR, FTT, TRUMP Pumps
While Bitcoin is approaching a potential uptrend, the altcoin market is showing a sign of decent recovery with ETH and XMR spiking over 5% in the past day.
After hitting the low near $2,100 on leading crypto exchanges last Sunday, ETH has now surged above $2,800 in an attempt to reaccumulate in the $3,000 range. The pump in ETH price has followed an announcement citing confirmation from Elon Musk on putting the U.S. Treasury on the Ethereum blockchain network.
Besides ETH, XMR has also caught attention from investors with the crypto assets surging 6% in a day, highest among major altcoins. The FTX token (FTT) has also pumped over 7% in hours after FTX Recovery Trust’s announcement of distributing funds to creditors with…
