Bitcoin Rises by 6% While AVAX and SOL Witness Double-Digit Rise

The leading cryptocurrency Bitcoin (BTC), and the rest of the altcoins saw a huge rise in the past twenty-four hours. In this respect, BTC jumped by up to six percent and its current trading value is almost $37,000 while some other altcoins also witnessed bigger increases. The rise in the value of the prominent crypto token is significant, keeping in view its slump below the $35,000 spot on Tuesday. In the meantime, BTC also touched the figure of nearly $37,725.09.

BTC Jumps by Six Percent While AVAX and SOL Go Through Double-Digit Spikes

The rise that the chief token saw spread to the other cryptocurrencies as ETH jumped by four percent. As a result of this, the crypto token has reached the point of nearly $2,065. In addition to this, the XRP and BNB tokens have also risen to a certain extent. The former recorded a 2.98% spike while the rise in the value of the latter accounted for up to 3.92%.

Also Read: Crypto Market Witnesses 17-Month Peak Net Capital Inclusion

The crypto tokens witnessing the largest jumps included Avalanche and Solana. SOL recently saw a 14.54% jump while the spike of the AVAX accounted for nearly 16.6%, as per CoinMarketCap’s statistics. Formerly, AVAX experienced a 23% price rise while SOL went through an 18 percent spike in its price.

SOL and AVAX See the Highest Price Elevations

The progress of Solana has been quite positive in recent years as it recorded remarkable price elevations. The 6^th-biggest cryptocurrency in terms of market capitalization has jumped by more than forty-five percent in the past five days.

Moreover, its price uptick in the recent month accounted for almost 160%, as per MarektWatch’s statistics. During the recent 3 months, the SOL token has made profits of above 188% for the people holding it. The most impressive price rise is its 565.48% rise that it witnessed since January this year.