Injective, Fantom rises when the Bitcoin price increases over $ 68,000

• The injection price rose by 10 % to over $ 27.26, while Fantom reached $ 0.96 after an increase.
• gains for the old coins came when the Bitcoin price exceeded the $ 68,000 brand and reached the highest level since April 12th.

The price of Bitcoin (BTC) rose by more than 2 %in the afternoon trade on Monday when the bulls broke through the $ 68,000 mark.

This is the first time since April 12 that the flagship crypto-asset has reached this level-as a BTC of its maximum of $ 69,100 fell.

injective, fantom prices rise

When the benchmark cryptocurrency was headed for the $ 69,000 mark, a variety of old coins reflected the upward trend. Ethereum broke through the 3,150 US dollar, BNB reached $ 580 and the Solana Prize rose to over $ 181, which corresponds to a 24-hour increase of almost 6 %.

However, one of the greatest winners of the day were injective (inj) and fantom (ftm).

According to the data from Coingecko, the injective price rose by $ 10 % to $ 27.26 at the time of writing. Meanwhile, Fantom continued his youngest upward trend with an increase of 12 %, in which the FTM Prize reached maximum of $ 0.96

The 24-hour trade volume of injective rose by more than 113 % to $ 121 million, while Fantom increased by 11 % to over $ 385 million.

The Bitcoin price has reached the highest level for over a month

With the jump from BTC to $ 68,679 on Coinbase, the leading cryptocurrency reached the highest price for more than one month.

The sudden increase in the Bitcoin price after the benchmark cryptocurrency has risen sharply last week after the data for the US consumer price index (CPI) has been published.

On May 15th, the BTC Prize rose by more than 8 % of low-centers from $ 61,539 to maximum $ 66,480, since the shares put on for April in view of the weaker than expected.

Today's profits come, since the Spot-Bitcoin ETFs have strong traces after inconspicuous figures have been recorded in the past few weeks.

Analysts from QCP found last week that the slow inflation, the institutional introduction of Bitcoin and the upcoming US elections could be catalysts for a new dynamic that could bring BTC to over 74,000 US dollars.

While Bitcoin extends its profits through the level of support of $ 66,000, it is likely that an outbreak over the range of $ 70,000 will pave the way to the goal of a new all-time high.

before, crypto-analyst rect capital expected $ 71,500