Crypto Investors Buy The Dip As Bitcoin Falls Below $90K, FARTCOIN, HYPE, And RAY Lead Rebound
The crypto market recovered after its latest correction, which saw Bitcoin (BTC) drop below $90K in the last 24 hours, as Fartcoin (FARTCOIN), Raydium (RAY) and Hyperliquid (HYPE) lead the rebound. BTC plunged to as low as $89.260.10 during yesterday’s trading session, CoinMarketCap data shows. It has since surged back to trade at $94,885.09 as of 1:46 a.m. EST. FARTCOIN, HYPE, And RAY Lead Crypto Market Recovery Meme coin FARTCOIN posted the biggest gain over the past 24 hours among major cryptos after its price soared more than 34% to trade at $1.04. This surge, however, was not enough for the altcoin to erase its losses over the last week. As a result, the meme coin is still over 12% in the red on the 7-day time frame. RAY posted a more than 8% gain throughout the past day of trading, making it the second-best 24-hour performer in the market, while HYPE recorded an 8% increase in price as well. RAY is still down more than 13% over the past 7 days while HYPE’...