The cryptocurrency market entered the second half of July on a bullish note as Bitcoin price projected a 4-day rally to reclaim the $62000 mark. The recovery momentum spread rapidly to the altcoin market and uplifted the Pendle coin to a $4.45 high while the market cap jumped to $691.5 Million. The robust V-shaped rally, buoyed by significant whale accumulation, has fueled optimistic Pendle price predictions, indicating a potential 70% surge in value.