AXS Added 12% Despite Recent Hack, ETH Soars To 3-Month High

AXS added 12% despite the recent Ronin hack while ETH soared to a 3-month high as we can see more today in our latest altcoin news.

After droppign by $4000 in one day, BTC reacted well and bounced off to hit $46,000 and most of the altcoins entered the green as well. The impressive gains were evident from Binance Coin, Ethereum, Avalanche, Solana, NEAR, Axie Infiity and others. Last week there was a notable price surge from BTC when the asset spiked from $45,000 to under $48,000 and marked its highest price tag since January. It then failed to breach the level but managed to do so a day later. After hitting a there-motnh high, the cryptocurrency stalled for a few days and remained between $47,000 and $48,000 which changed a few days later when BTC crahsed from $47,700 to $44,000 in a matter of hours.

Bitcoin reacted well to the price drop and started a new recovery value almost right away. It spiked above $47,000 a few hours ago but despite retractign to $46,600, BTC is still over 3% on the day. Ethereum dropped to $3000 but a 6% increase has pushed the second biggest crypto to under $3500 as of late and this is the highest price level for ETH in the past three months. Binance Coin added another 5% in the past day and now sits at ta two month high at $450. some more impressive gians came from Solana of up to 7.5%, Avlanahce by 7%, DOGE by 5%, Shiba Inu by 6.5% and MATIC by 5%.

Cardano, Ripple, Polkadot also entered the green with some smaller gains. AXS added 12% despite ther ecent Ronin hack and NEAR also increased by 20% to hit $15. The crypto market cap recovered $100 billion yesterdday and sits at $2.150 trillion once again.

As recently reported, ApeCoin slides by 8% over the past 24 hours and fell from $14 to $12.8 according to the data from CoinMarketCap. Since the token’s launch, the price action was quite voaltile with APE moving from $39.4 to $1 before finding a new range between $14 and $16. Yesterday’s events added more volatility to the mix. The 8% drop was accelerated by the reprots that the BAYC Discord channel was comprised by the phishing attack during the early hours of Friday morning. The Twitter account told the users to not mint anything from Discord as the platform was briefly compromised.