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The cryptocurrency market is experiencing quite a surge today. Bitcoin (BTC) is on the verge of crossing the $100,000 level once again. The global crypto market cap has risen 1.3% in the last 24 hours to $3.2 trillion. VeChain (VET) also follows a similar pattern. The asset has rallied 5.3% in the daily charts, 5% in the 14-day charts, and 27.9% over the previous month. Despite the rally, VET is down 2.7% over the last week and 23.8% since May 2024. Also Read: Pi Network Binance Listing: Pi Coin’s Price Jumps 8% to $0.63 Amid Deposit Tests Source: CoinGecko Cryptocurrencies Surge After Arizona Bill Source: Watcher Guru VET’s latest rally is likely due to Bitcoin (BTC) reclaiming the $99,000 price level. BTC’s rally could be due to the Arizona governor signing a Bitcoin reserve fund bill into law. The move comes as a relief to crypto enthusiasts. Florida state recently halted two crypto bills from the table. Arizona’s latest move may have helped elevate investor confide...

The cryptocurrency market experienced the Bitcoin halving event last week where the supply of BTC was cut in half. The development makes Bitcoin scarcely available in the market at a time when there’s a huge demand for the cryptocurrency. As the demand for the cryptocurrency is high, the move could make its price sustainably scale up in the indices in May 2024. Also Read: Cardano: How High Can ADA Trade This May? The entry of global institutional investors in the cryptocurrency market through Spot Bitcoin ETFs can make BTC reach new heights. If Bitcoin climbs up the charts, it will also push other leading cryptocurrencies to rally and move in tandem with its price rise. In this article, we will highlight the top 3 coins to buy in May 2024. Also Read: Shiba Inu Team Estimates When SHIB Could Hit $0.01 Cryptocurrency: 3 Coins To Watch Below $0.5 in May 2024 1. VeChain (VET) Source: Zipmex VeChain ( VET ) was among the top-perf...