Interest Rate Hike in Japan Stimulates Positive Reaction in the Crypto Market
According to information from BlockBeats, the recent increase in interest rates in Japan has served as a catalyst for a recovery in the cryptocurrency market, mainly boosting altcoins, which have recorded strong valuations.
The LIGHT token surged over 70% in just 24 hours, currently trading at US$ 2.38, with a daily volume of US$ 68.8 million.
The SOPH token advanced about 40% on the day, reaching a price of US$ 0.01644, while its trading volume in the last 24 hours reached US$ 116 million.
The memecoin “67” also followed the positive movement, recording a rise of 38% in a single day, quoted at US$ 0.028, with US$ 11.49 million in trading volume.
The asset RESOLV showed an appreciation of 36.6%, now trading at US$ 0.0994, with a significant volume of US$ 161 million in the 24-hour period.
Finally, the WET token rose 35.3%, trading at US$ 0.303, with a daily volume of approximately US$ 129 million.
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