Over the past 24 hours the cryptocurrency market was mixed: some of the top 10 coins posted gains while others suffered losses.
Yesterday U.S. stocks experienced another sharp sell-off amid concerns that rising energy prices could slow economic growth.
Ongoing conflict between Russia and Ukraine pushed wheat prices to record highs yesterday.
Top cryptocurrencies
Bitcoin rose roughly 1% and was trading above $38,000 at the time of writing. Solana also gained about 1%, while Avalanche recorded a modest uptick. Cardano fell about 1%, and XRP posted small losses. Outside the top 10, Polygon climbed roughly 3% and Cosmos advanced about 4%.
Notable performers
Most coins within the top 100 rose today by 2–4%. Theta Network stood out with an 11% increase, Waves—originating from Ukraine—jumped 31%, Arweave gained 15%, and The Graph, Celo, Ankr and Zcash each rose around 12%.
Yearn.Finance increased by 9%, trimming its weekly losses to about -8%. Among the laggards, THORChain fell roughly 5%.
Trending
Another dog-themed token is gaining traction. Kaizen Inu is trading at $0.075 today with a 24-hour trading volume of $359,180. Over the past day Kaizen Inu surged 314%.
The network offers community members a static staking pool, exclusive NFTs, and mini-games.