Bitcoin’s Weekly Surge Lifts Altcoins
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Aug 25 2024Bitcoin and Altcoin Surge: Bitcoin's 10% increase to $64,000 has positively influenced altcoins like Avalanche (AVAX), which saw a 30% price rise, breaking a five-month resistance level.
Franklin Templeton's Integration with Avalanche: The investment firm expanded its money fund by integrating it with the Avalanche network, enhancing accessibility and introducing features for USDC conversions, while AVAX's recent gains suggest potential further increases despite long-term bearish indicators.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
