Market Bounces Back From Iran FUD: FET Crypto, TAO Price, and ONDO Crypto token Surge by 15%
The crypto asset market is rebounding, shaking off some geopolitical concerns. Following a ceasefire update that dampened fears of WW3, the prices of crypto assets are beginning to recover. Prominent altcoins like FET, TAO, and ONDO are rising, each achieving double-digit growth.
The market experienced a significant sigh of relief today when President Trump shared announcement of a ceasefire. BTC surged 5%, skyrocketing past $105K after dipping below $100K. Altcoins joined the upward trend, benefiting from this renewed confidence. The easing of global tensions is aiding the crypto recovery.
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Bitcoin Leading the Charge
The digital currency sector displayed remarkable resilience during the recent WW3 anxiety, a typical black swan scenario that could have unsettled any financial environment. While conventional markets might have faltered amidst geopolitical turmoil, crypto maintained its position, with Bitcoin confidently remaining around the $100K mark.
BTC, serving as the barometer for crypto market sentiment, is rebounding from a fear-induced dip to rise above $105,000. The 5% increase following the ceasefire news is energizing altcoins like FET, TAO, and ONDO. The dominance of crypto illustrates the swift changes that can occur in the fear and greed index.
Crypto Fear and Greed Index
Neutral
The ceasefire has reduced geopolitical anxiety, prompting a shift in sentiment. The digital currency sector reacts rapidly and is on the rebound. This positive change has initiated a swift rally.
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Crypto Recovers, FET, TAO, and ONDO Propel Altcoins Surge
This recovery illustrates the strength of cryptocurrency. FET, TAO, and ONDO demonstrate that the trading market can bounce back rapidly. Crypto is proving its capability to withstand turmoil and emerge victorious.
FET is leading the surge with a 17% increase, reaching $0.69 before correcting to $0.67. This spike indicates how swiftly crypto can rebound when the news turns favorable. The leading AI cryptocurrency is maintaining its upward momentum and is likely to continue pushing forward if the conflicting parties honor the ceasefire.
(FETUSD)
TAO is also on the rise, experiencing a 15% boost to reach $355. Bittensor illustrates how both sensitive and robust these tokens are regarding global events. The ceasefire has accelerated TAO’s growth against the crypto market.
ONDO, conversely, achieved a 15% increase, climbing to $0.77. As a leading token for RWA, ONDO’s chart aligns perfectly with the recovery trajectory. With a favorable global sentiment, we could see ONDO exceeding $2, consistent with its chart indicators.
(ONDOUSD)
Assets such as ONDO, FET, and TAO clearly indicate that the digital currency space has matured into a resilient asset class capable of withstanding challenges that might have previously caused disruption. Far from being a fragile experiment, crypto is demonstrating its robustness.
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Key Takeaways
- Following a ceasefire news that alleviated concerns over WW3, the prices of crypto assets are showing signs of recovery.
- This rebound demonstrates the strength of crypto asset. FET, TAO, and ONDO highlight the market’s ability to recover swiftly.
The post Market Recovers From Iran FUD: FET Crypto, TAO Price and ONDO Crypto token Price surge +15% appeared first on 99Bitcoins.
