OKB Continues Rally With 176% Surge Despite Bitcoin's Dip
OKB continues its surge despite a market-wide correction. The token is the native token of the OKX crypto exchange platform. OKB is trading in the green zone across the board. The asset has registered triple-digit percentage gains in multiple time frames. According to CoinGecko statistics, OKB has rallied 11.8% in the last 24 hours, 176.5% in the weekly charts, 177.9% in the 14-day charts, 160.8% in the monthly charts, and 242.4% since August 2024. OKB’s rally is a stark contrast to Bitcoin’s (BTC) latest correction. The original crypto has fallen below the $115,000 price level after its recent climb to a new all-time high of $124,128. Source: CoinGecko Why is OKB Surging While Bitcoin is Dipping? Source: Watcher.Guru The recent market dip came after a higher-than-anticipated producer price index (PPI) figure. The rise in PPI data was in contrast to a lower-than-expected consumer price index (CPI) number for July. Market participants may have become cautious, expecting fresh...