- Axie Infinity’s native coin AXS surges 12% in 24H.
- BCH saw a surge of 13% over 7 days.
While a liquidation crisis on collapsed FTX exchange spread over the crypto market, Bitcoin (BTC), the world’s oldest and most revered cryptocurrency, propelled beyond the $26,700 mark on Thursday, instigating a wave of excitement across the crypto market. Following Bitcoin’s impressive rally, other leading altcoins, namely Axie Infinity (AXS), Bitcoin Cash (BCH), and THORChain (RUNE), have emerged as top gainers in the digital currency landscape.
Axie Infinity (AXS)
At the time of writing, Axie Infinity is trading at $4.75,with a price rally of over 12% within the last 24 hours. Notably, AXS has experienced a surge in daily trading volume, soaring by approximately 910%, and currently stands at $199 million.
AXS 1D Price Chart, Source: CoinMarketCap
Bitcoin Cash (BCH)
According to CoinMarketCap data, the price of Bitcoin Cash (BCH) has seen a substantial 7% increase within a single day and 12% gain over the course of a week, with its current trading price resting at $214. BCH’s 24-hour trading volume has also surged by 57% within a day, reaching $346 million.
BCH 1D Price Chart, Source: CoinMarketCap
THORChain (RUNE)
THORChain (RUNE) has emerged as the third top player of the day, registering an 8% price gain over the past 24 hours and an impressive 11% surge over the week. RUNE’s daily trading volume has witnessed an uptick, rising by approximately 44% and now totaling $85 million.
RUNE 1D Price Chart, Source: CoinMarketCap
Does the FTX’s liquidation crisis continue to influence market dynamics? Tweet to us at @The_NewsCrypto and let us know your thoughts.