Crypto Analyzer

NOT Surges 20% as BTC & ETH Extend Bearish Movement: Crypto Market Update

The cryptocurrency market continues to exhibit a mixed performance today, with Bitcoin (BTC) and Ethereum (ETH) facing bearish movements, while Notcoin (NOT) emerges as a top gainer with a 20% surge. Altcoins like Solana (SOL) and XRP also experienced a downward price trajectory, contrasting the gains seen in NOT and Lido (DAO).

The global crypto market cap saw a slight decline of 0.92%, settling at $2.41 trillion. The total crypto market volume over the past day decreased marginally by 0.08% to $72.35 billion.

Top Cryptocurrency Prices today:

Bitcoin (BTC) Price:

Bitcoin’s price hovers around $66,228.94, marking a 0.79% decrease from the previous day. The 24-hour trading range for BTC stands between $65,049.23 and $67,294.65. Bitcoin’s dominance in the market increased to 54.25%.

Ethereum (ETH) Price:

Ethereum is trading at $3,511.17, reflecting a modest 0.56% increase in the last 24 hours. The price range for ETH fluctuated between $3,364.71 and $3,528.60. Ethereum’s market cap now stands at $420.06 billion.

Altcoin Performances:

Solana (SOL) witnessed a 2.19% dip, settling at $144.45. XRP’s price slipped to $0.4771, showing a 0.43% decrease. Other altcoins like DOGE, SHIB, and Pepe coin also experienced a decline in prices.

Top Crypto Gainers and Losers Today:

Among the top gainers today were Notcoin (NOT) with a remarkable 20% surge, trading at $0.01945. Lido DAO (LDO) also surged by 6.96% to $2.06, while Akash Network (AKT) and UNUS SED LEO (LEO) recorded positive gains as well.

On the flip side, Ronin (RON) price dipped by 9.04%, followed by Stacks (STX), Injective (INJ), and ONDO, among the top losers for the day.

The hourly charts show a slight uptrend for BTC and ETH, sparking optimism for a potential market movement ahead. Speculations about the crypto market’s direction are further fueled by the ongoing price fluctuations and trading volumes.

Despite the mixed performance seen across various cryptocurrencies, the market remains dynamic and open to opportunities for traders and investors alike.