The post Here’s When Altcoins Will Rally appeared first on Coinpedia Fintech News
Crypto markets started the week with a bullish tone on Monday, with Bitcoin trading above $94,000. Bitcoin is increasingly gaining recognition as a safe asset, similar to gold or the US dollar. NYDIG Research pointed out that Bitcoin is shifting from a speculative investment to a reliable store of value, especially after the introduction of US trade tariffs.
XRP Leads Major Altcoin Gains
Coming to altcoins, XRP led the major gains, rising almost 8%, driven by the approval of a ProShares ETF, which will see three futures-tracked products go live on April 30. Cardano’s ADA gained more than 3%, while BNB Chain’s BNB added just 1%. Ether remained neutral. Solana was also up over 1%, while SUI made gains of over 4% in the past day.
Monero (XMR), however, saw an unexpected surge, soaring over 40% to hit $371. Currently, it’s trading at $268, up 17% in the last 24 hours.
When Will Altcoins
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