Cryptocurrency markets have begun the day positively with global market capitalization increasing by 1.42% to reach a total of 1.14T. Bitcoin (BTC) reclaimed the $27K level with a 2% gain, meanwhile its trading volume increased by 27% and the Relative Strength Indicator (RSI) moved above its average line. Ethereum (ETH) has also seen an increase of 1.4% as altcoins Ripple (XRP), Solana (SOL) and TRON (TRX) recorded mild gains. Dogecoin (DOGE) and Cardano (ADA) saw increases of over 1%. Litecoin (LTC) recorded 7% gains combined with a notable trading volume of over 100%. Meme coins remain highly active, with Doge CEO leading the pack with gains of 35%, a trading volume of 5525%, and a total market cap increase of 35%. Milady Meme Coin (LADYS) also gained by 50% although its weekly loss remains as 795. As a result of these increased bullish trends, crypto enthusiasts anticipate a bullish outbreak in the short-term.
Ethan Garcia
- 2023-05-15
Cryptos On the Rise, Bullish Outbreak Anticipated
Cryptocurrency markets have begun the day positively with global market capitalization increasing by 1.42%. Bitcoin (BTC) reclaimed the $27K level with a 2% gain, Ethereum (ETH) has seen an increase of 1.4% and Dogecoin (DOGE) and Cardano (ADA) saw increases of over 1%. Meme coins remain highly active, with Doge CEO leading the pack with 35% gains and Milady Meme Coin (LADYS) gaining 50%. Crypto enthusiasts anticipate a bullish outbreak in the short-term.
