Six of the top eight Cryptocurrencies from Market Cap saw modest profits on Tuesday morning, with Crypto Majors led by Dogecoin And Cardano (ADA) Notch of a maximum of 5.2% and 5.9% each.
Information about Coingecko also show green in Bitcoin, Ethereum, BNB and Solana in the last 24 hours. Graphs show Bitcoin 2.5%win, Ethereum an increase of 3.7%, with BNB And Solana 2.5% and 3.3% respectively.
About $ 1 million in Bitarish Bitcoin options in particular, with 1,180 contracts for $ 70k well options, was observed on Monday evening. Those options will expire by April 25.
In the meantime, Ethereum showed renewed momentum when the Solana surpassed for decentralized exchange rate volumes, with $ 63.02 billion compared to the $ 51.25 billion of the latter. Nevertheless, data from Defillama shows that catches Solana, with an increase of 32% during the week against the 14% of Ethereum.
Nevertheless, dual data shows that the Solana -based meme coin volume has fallen to just less than $ 100 million of a maximum of $ 390 million in January.
“Renewed optimism”
Those modest profits show that “renewed optimism for the new quarter”, driven by “a marketbound while Trump’s tariff problems are completely absorbed,” Dominick John, an analyst at Kronos Research, said Decrypt.
Users of Myriad, the decentralized prediction market launched by DecryptThe parent company Dastan, reflected that sentiment. Those who predict a crypto -fear and greed index score of lower than 32 by 4 April, which indicates that anxiety fell sharply from highs of more than 37% in the weekend to around 17% per Tuesday morning, with the larger number of users now expecting a score between 40 and 44.
John noted that the profits of the single figure from the other Majors are ‘on the overall bullish momentum’. If no “fresh tariff developments or macro -economic shocks” appear within a week, such a trend could continue to exist.
The broad rally, although modest, comes after Bitcoin, Ethereum and Tech Equities have recorded in the S&P 500 “their worst quarterly performance in three years,” said research by QCP Capital.
This meant a “sobering start of Q2” about a market that “is still looking” for his bullish momentum, wrote QCP Capital. Some are at risk for a “broad and aggressive regime” can also “deepen the recession fears”, QCP noted.
It is expected that wider macro -economic factors, such as the announcement of President Donald Trump of mutual rates, will draw on and on Wednesday, followed by the release of the Jobless Claims report on Thursday.
These figures can cause a broader response to risk-off response that would stimulate crypto markets in addition to risk assets.
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