Following a Bitcoin price surge over $35,000, a number of other assets have taken on a bullish momentum.
Looking at price data from CoinMarketCap, top gainers in the last day include Neo, the Ethereum of China, Floki and Injective.
Double-digit gains
Neo has reported the biggest gainer on the top 100 crypto assets in the past week, growing 16.35 percent in the last 24 hours, claiming a price of $9.00 at the time of writing.
Sitting below NEO is Floki, which reported an 11.27 percent price increase to $0.0003634, a product of excitement many believe stems from the announcement of TokenFi (TOKEN), which is said to capitalize on the trillion-dollar tokenization industry.
Injective holds the third spot with 9.77 percent gains, where it sits at $13.05 following the news of its official data integration & availability on Google Cloud.
THORChain holds the fourth position with a 6.13 percent gain, changing hands at $2.38, while dYdX rounds out the top 5 with a 5.22 percent increase.
A positive October
Although Bitcoin does not join the top gainers this week, the cryptocurrency did make headlines earlier this week on Oct. 23 when it breached the $35,000 barrier, achieving a high that had not been reached since May 2022.
This bullish momentum is believed to be attributed to spot BTC ETF anticipation, which would escalate mainstream adoption of cryptocurrencies as a whole. That said, many of the top gainers had also shared news of their own this week, giving another reason for bullish sentiment.
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Author: Sarah Jansen
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