Bitcoin Hits $76K ATH as Altcoins Surge: CRO, PENDLE, and AR Lead Good points

• Bitcoin rose considerably prior to now 24 hours, reaching a brand new ATH of $ $76,943.12.
• Pendle’s TVL has been rising since October this yr and stands at $2.85 billion.
• JUP has skyrocketed 45.47% prior to now month.

Main altcoins, together with Cronos (CRO), Pendle (PENDLE), Jupiter (JUP), Pyth Community (PYTH), and Arweave (AR), soared over the previous 24 hours after Bitcoin (BTC) set a brand new all-time excessive of $76,943.12, roughly 11 hours again. At present, Bitcoin is buying and selling at $75,913.62, up 1.51% over the previous day.

Bitcoin’s record-breaking rally and the inflows of $1.3 billion into spot Bitcoin ETFs, following Donald Trump’s victory within the U.S. elections, have considerably impacted altcoins. Institutional adoption of digital belongings and elevated growth exercise are driving this surge throughout the crypto market.

Cronos (CRO) and Pendle (PENDLE) Lead the Altcoin Rally

In line with CoinMarketCap information, CRO is buying and selling at $0.1038, up 21.23% prior to now day with a market cap of $2.71 billion and a buying and selling quantity of $76.54 million. Prior to now week, CRO rose 39.88% whereas skyrocketing 33.07% within the final 30 days. Nevertheless, the cryptocurrency continues to be buying and selling at a reduction of 89.3% to its ATH of $0.9698. 

Learn additionally: Bitcoin and Altcoins Rally After Trump Win, Analyst Predicts Pullback

Alternatively, PENDLE and JUP are up 4.90% and 6.45% prior to now 24 hours and buying and selling at $5.40 and $1.08, respectively. As per DefiLlama information, PENDLE’s whole worth locked (TVL) has been on the rise since early October, rising to $2.85 billion on the time of writing. The altcoin is up a whopping 38.84% prior to now month and is simply 27.69% down from its all-time excessive of $7.52 witnessed seven months in the past. 

Alternatively, JUP has surged a major 45.47% prior to now 30 days, outperforming PENDLE. Jupiter DEX’s TVL rose from $0 in January to an all-time excessive of $1.76 billion on the time of writing, a significant purpose for JUP’s monumental value enhance.

Pyth Community and Arweave: Rising Gamers within the Bull Market

PYTH and AR each displayed potential for substantial returns as PYTH has jumped 10.16% prior to now 24 hours and trades at $0.4158 with a market cap of $1.51 billion. The altcoin is up 15.29% within the final seven days and 34.49% prior to now month.

In the meantime, AR is buying and selling at $17.40, up 6.84% prior to now 24 hours and 15.18% within the final 30 days. With a market cap of $1.14 billion, AR is the 67th-largest digital asset as per CoinMarketCap information.