Why Polkadot, Crypto.com, and Avalanche Jumped Today

The selling that caused cryptocurrencies to plummet for most of the last week appears to be turning a corner. Most cryptocurrencies are up significantly on Tuesday, with many rising by double-digit percentages.

As of 1:30 p.m. ET, Polkadot (CRYPTO: DOT) had been up by as much as 6.5% in the last 24 hours, Crypto.com Coin (CRYPTO: CRO) had popped by as much as 8.5%, and Avalanche (CRYPTO: AVAX) had seen a gain of as much as 11.1%. At the time of this writing, those cryptocurrencies were up by 6.1%, 8.5%, and 11.3%, respectively.

Image source: Getty Images.

Source Fool.com