Many altcoin projects have achieved an increase in their prices by more than 41% in conjunction with the rise in the broader cryptocurrency market, especially Bitcoin (BTC). ) is the largest and most famous in the world.
The recent recovery of the cryptocurrency market comes in light of what the US Federal Reserve said that it is expected to reveal its plans to raise interest rates in the United States soon to curb inflation.
With the start of the cryptocurrency market rally, led by Bitcoin, many altcoin buyers were quick to secure any position before a possible rally in the market.
Data from Coin Telegraph Markets Pro and Trading View showed that the biggest gainers over the past 24 hours were Frontier (FRONT), Decentral Games (DG) and Quant Stamp (QSP). .
The total market value of cryptocurrencies at the beginning of trading on Thursday was about $1.734 trillion, while the rate of Bitcoin's dominance was about 41.8%.
