Top Crypto Gainers Today, May 8 – PEPE, RNDR, AiDoge, Launchpad, ypredict, DLANCE, STX, ECOTERRA, SPONGE
Join Our Telegram channel to stay up to date on breaking news coverage Over the last 24 hours, the wider crypto market has experienced a modest 0.73% increase, reaching a total valuation of $1.20 trillion. However, the prices of cryptocurrencies have remained largely stagnant, with Bitcoin hovering around the $27,800 mark. The subdued market activity could be linked to the prevailing negative outlook for the U.S. financial sector, which has been further compounded by reports of another bank’s substantial share value loss. The U.S. Federal Reserve’s decision to raise interest rates by 0.25%, bringing the total hike to 5%, has also added to the pressure on the financial industry. Despite the financial turbulence, there is still positive market sentiment as bullish investors remain resilient. According to data from Alternative, a company that analyzes the “emotions and sentiments” surrounding cryptocurrencies, the Crypto Fear and Greed Index is currently in the “Greed” zone. Alte