Hedera, Stellar, Algorand, Ondo prices rise as Bitcoin hovers above $84k
Cryptocurrency prices stabilized on the first day of the month after crashing by double digits on Friday, ahead of Bitcoin’s options expiry.
Hedera Hashgraph (HBAR) price led the charge among altcoins, rising by 25% on Saturday.
Stellar Lumens (XLM) rose by 16%, while Algorand (ALGO) and Ondo Finance (ONDO) rose by over 15%.
These altcoins jumped after Bitcoin (BTC) bounced back above $85,000 after crashing to $78,115 on Friday. It rebounded after options worth over $5 billion expired on the last day of the month, and a sense of calm spread in the market, with American equities ending the day higher.
The Dow Jones Industrial Average…
