In the cryptocurrency market, someone starts pumping coins available for mining on video cards
Despite the consolidation of the dollar index at the level of 107 points, it is worth noting the 20-year maximum of this indicator. However, despite the fact that the dollar is currently expensive relative to other world currencies, the markets continue to strengthen: the S&P500 rose by 1.92%, the Nasdaq by 1.79%, Bitcoin rose by 4.71%, by and large only the Moscow Exchange index is in decline by -0.47%. Experts associate this positive in the markets with the reporting season that has begun in the USA, where some companies, including: IBM, Tesla, Twitter, Bank of America, Netflix have already managed to report for the 2nd quarter of 2022. In general, the indicators turned out to be higher than analysts' expectations, in fact, this could give a positive charge in all markets, including the cryptocurrency market.
Now let's take a closer look at digital assets: over the past week, not only has a project called Ethereum grown a lot, which does not allow prices to finally drop in the video card market, but something curious is also happening among other crypto assets running on the PoW algorithm. The growth factors of the second cryptocurrency are clear, the broken silence of the development team pushed the value of ETH up, together with the positive in the market, bringing it to a price of $ 1,490 per token, this is from 1,000 per week.
A table with tokens available for mining on video cards
And now a couple of these coins showed serious growth at the moment, the first in the time interval was the Beam coin, which grew almost 3 times a day on July 13.
Beam
Then the Firo coin took over the baton, which began to grow on July 14 and reached the top on July 16, the token grew 5 times in three days.
Firo
Obviously, this is hardly the result of some joyful news from developers, or new prospects for these coins, it is most likely the manipulation of a major player, but is this not related to the stimulation of miners to buy new mining equipment, or is it just a coincidence?
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https://coin-signal.com/cryptonews/in-the-cryptocurrency-market-someone-starts-pumping-coins-available-for-mining-on-video-cards/
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