The broader crypto market showed an impressive price rally mid-day, August 31. Cryptos such as Bitcoin and Ethereum have increased by 0.87% and 2.58%. BTC’s price is $20,319.03, while ETH has regained a hold on $1589.74. The top coins are now trading in the greens. But the morning hours of August 31 didn’t sit well with the assets. Many cryptos lost their 24-hour price gain, including BTC and ETH. Bitcoin lost its hold on the $20K mark, while Ethereum followed with a 0.4% loss. Related Reading: Bitcoin Trades Above $20,000, Has The Fed Failed Again? Others, such as DOT, DOGE, SOL, and SHIB, lost 2.05%, 2.08%, 1.47%, and 2.21%. But the higher losers were AVAX and SNX, which dropped by 3.34% and 7.5%. The Tides Have Turned For DAO Lido DAO coins have spiked by over 11% in the past 24 hours. According to analysts, this price gain has made it the top profitable crypto asset. LDO gained support and climbed above its critical resistance level. Also, the Relative Strength Index for LDO on the chart shows that it entered the neutral zone. These indicators show an imminent acceleration and price increase. Right now, LDO is fluctuating between $1.98 and $2. Also, its trading volume has spiked considerably. By that, there’s a high possibility of a continuing price rally. One of the possible reasons for the push on LIDO price is the upcoming Merge. While many analysts already hint that the upgrade has been Priced In for Ethere...
