Bitcoin Sank 18% In April, While These New Tokens Beat The Market - BitcoinEthereumNews.com
Bitcoinबिटकॉइन अप्रैल में 18% डूबा, जबकि ये नए टोकन बाजार को हराते हैं04 / 30 / 2022बिटकॉइन एथेरियम समाचार Cryptocurrency markets saw a sharp consolidation in April, with several major tokens tumbling from 2022 highs. Total crypto market capitalization sank by nearly $400 billion. A bulk of this consolidation can be blamed on jitters over rising inflation, slowing economic growth and and end to the last two years of low interest rates. Heavy losses were not limited to just the crypto market, with equities also falling sharply. The S&P 500 is down nearly 9% in April. But while major tokens such as Bitcoin and Ethereum sank around 18% through the month, traders found value in a crop of smaller tokens. Newcomers ApeCoin (APE) and STEPN (GMT) were standout performers in the top-100 cryptos, with the latter recently breaking into the top-50 cryptos. STEPN, APE blaze past Bitcoin in April Solana-based STEPN was by far the best performer in April, up more than 90% as traders cheered a new tie-up with runing shoes maker ASICs. The token was also recently added to major exchanges Binance and Coinbase. Additionally, NFT marketplace OpenSea also added support for STEPNs sneaker NFTs, a key component of the project. A bulk of ApeCoin‘s