• Flare (FLR), Bittensor (TAO) and Ondo Finance (ONDO) are high gainers with between 17% and 28% spikes in 24 hours.
• Altcoins have soared amid broader market’s response to US President Donald Trump’s tariff pause.
• Bitcoin (BTC) is on the lookout for assist above $80k.

Flare, Bittensor and Ondo Finance are amongst high gainers within the cryptocurrency market’s high 100 by market cap.

The altcoins, which have soared between 17% and 28% prior to now 24 hours, have benefitted from the broader market’s response to US president Donald Trump’s tariff pause. Notably, FLR, TAO and ONDO are rising as Bitcoin (BTC) seeks a contemporary leg up after bouncing to above $82k.

Will BTC maintain positive factors above $80k?

Bitcoin continues to indicate resilience because it eyes a key assist degree amid a broader market upswing.

The main cryptocurrency presently reveals a 24-hour acquire of 6.5%, buying and selling close to $82,000, with a 24-hour buying and selling quantity of $76.2 billion.With this metric up 38%, it displays robust market participation as traders look to purchase the latest dip.

A take a look at technical indicators reveals the Relative Energy Index (RSI) at 47, whereas the Shifting Common Convergence Divergence (MACD) suggests a possible bullish crossover. If the MACD line strikes above the sign line, it could trace at probably upward momentum.

As famous above, crypto mirrored shares as markets reacted larger on information of President Trump pausing proposed tariffs. It’s a transfer that Mohamed A. El-Erian, in a CNBC interview, got here because the Fed got here near intervening amid market malfunction. It helped danger property.

Nevertheless, Arthur Hayes, in an X submit, cautioned that whereas the tariff pause would possibly increase short-term sentiment, underlying financial uncertainties might nonetheless strain BTC if international liquidity tightens.

FLR price outlook

Flare (FLR) emerged as one of many high gainers within the early hours on Thursday, hovering 27% over the previous 24 hours to commerce at $0.015.

The altcoin noticed a big spike in buying and selling quantity, reaching $50.3 million, as traders piled into the layer-1 blockchain recognized for its data-focused options.

From a technical perspective, FLR’s RSI climbed to 53, signaling potential for a near-term continuation. The MACD was additionally bullish with the MACD line properly above the sign line.

Bittensor and Ondo price as we speak

Bittensor (TAO) additionally joined the listing of high performers, gaining 18% to succeed in highs of $236, with a 24-hour buying and selling quantity of $191 million.

Altcoin’s constructive response to Trump’s tariff pause additionally noticed Ondo (ONDO) soar 18% to a excessive of $0.86. The ONDO token recorded a notable 24-hour buying and selling quantity of $375 million, underscoring robust demand for the DeFi token.

The submit FLR, TAO, and ONDO lead crypto positive factors as Bitcoin finds assist appeared first on CoinJournal.