Algorand (ALGO) is a cryptocurrency launched in 2019. Algorand has a current supply of 10,000,000,000 with 8,619,575,606.731658 in circulation. The last known price of Algorand is 0.19103028 USD and is up 1.91 over the last 24 hours. It is currently trading on 505 active market(s) with $29,893,378.91 traded over the last 24 hours. More information can be found at http://algorand.foundation.
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The crypto market is surging along with the broader financial market after Treasury Secretary Scott Bessent stated during a closed-door meeting that the trade war between the US and China is unsustainable. Bitcoin (BTC) continued its upward trajectory, crossing $93,000, a key resistance level.
The Algorand price has crawled back in the past few days, mirroring the performance of other altcoins. ALGO token was trading at $0.213 on Wednesday, a few points above this month's low of $0.1480. It remains 92% below its all-time high. This article explains why Algorand may rebound soon even as its fundamentals weaken.
The crypto market tanked over the past 24 hours, with the market cap declining almost 3% to $2.63 trillion as bearish sentiment returned. Bitcoin (BTC) peaked at a local high of $86,397 before investors began booking profits.
The crypto market lost momentum over the past 24 hours, as cryptocurrencies, including Bitcoin (BTC), registered notable declines. As a result, the crypto market cap shrunk by just over 1%, falling to $2.58 trillion.