The crypto market has been painted green today, with many cryptocurrencies trading at massive 24-hour gains. It appears that last week’s bears have given way to the bulls. But as analyst McGlone predicted, the February CPI data release will show the fate of most coins in March.

With cryptocurrencies enjoying notable gains, Lido Finance’s LDO emerged among the top-gaining coins with a 20% price increase in 24 hours. At press time, LDO is trading at $2.51, with a 72.27% increase in trading volume over the past 24 hours.

The recent news of the collapse of crypto-friendly banks, Silicon Valley, and Signature banks left the crypto market with fear and uncertainty. The Fear and Greed Index crashed to 33, leaving Bitcoin and altcoins with massive price declines. As of March 12, LDO closed the day at $2.15 but later rose to $2.45 on March 13, a notable increase from the previous day’s price.