Factom (FCT) is one more example of the unpredictable nature of crypto markets, rising by more than 26% in the past 24 hours despite the crash of Bitcoin (BTC). FCT prices managed a significant weekly rally, gaining more than 79% in the past seven days.

FCT reached $8.03 as of 8:00 UTC on Wednesday, with most of its volumes against BTC. The FCT rally offsets some of the losses from the fall of BTC.

While FCT is one of the older projects with a drive to build a solid product, there are other, fully speculative reasons for the rise. These include a potential Binance listing and the possibility…

This article appeared first on Cryptovest

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