Bitcoin Rises 0.18%, Ethereum Drops 2.81%: Latest Crypto Market Updates

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Bitcoin, Ethereum, and other major cryptocurrencies experienced mixed movements in the past 24 hours, with some showing slight gains and others facing losses. As of now, Bitcoin is trading at $41,660.45, marking a 0.18% increase, while Ethereum is down 0.33% at $2,473.17. In terms of market capitalization, Bitcoin stands at $816.45 billion, and Ethereum at $297.14 billion.

BNB has seen a positive turn, rising 1.31% to reach $317.58, and it has gained 5.39% over the past week. XRP’s price is currently at $0.55, following a 1.58% increase over the last 24 hours, though it is 3.26% lower than last week. Cardano is trading at $0.55, reflecting a 2.10% increase, while Dogecoin has risen by 9.91% to reach $0.088.

Among other cryptocurrencies, Solana has experienced a 0.33% decrease, trading at $92.4, while Polka Dot has fallen by 7.96% to $6.9. Shiba Inu has lost 2.82% of its value, currently at $0.0000099, and Polygon declined by 9.55% to trade at $0.77.

In terms of the top gainers over the past 24 hours, Chiliz leads the way with a significant increase of 17.99%, currently trading at $0.11. Astar is up 14.22% at $0.11, and Dogecoin has gained 13.15%, with its price at $0.088. Siacoin and Pyth Network round up the top five, showing increases of 11.86% and 11.58% respectively.

Stablecoins, which offer less volatility due to being linked to real-world assets, have seen minor fluctuations. Tether is trading at $0.99, representing a small increase of 0.01%. USD Coin is down 0.02% at $0.99, and Binance USD remains steady at $1.

Unfortunately, some cryptocurrencies have faced losses recently. Arweave is down 7.16% at $9.70, Blur has fallen by 5.65% at $0.66, and Helium is down 5.01% at $6.54. dYdX (ethDYDX) has decreased by 2.95% to $2.82, and Chainlink has lost 2.89% to trade at $15.70.

Moving on to decentralized finance (DeFi) tokens, Avalanche is up 0.56%, trading at $32.82, while Chainlink has faced a 2.08% decline, currently standing at $15.75. Dai is unchanged at $1, Internet Computer has risen by 1.99% to $11.43, and Uniswap has gained 2.21%, now trading at $6.48.

In the realm of non-fungible tokens (NFTs), Internet Computer has seen a 2.76% increase, reaching $11.60. Immutable is up 0.77% at $1.92, Stacks has increased by 0.40% to $1.50, while Render has faced a 3.89% decline at $4. Flow is up 1.92% at $0.77.

The current global crypto market cap sits at $1.64 trillion, registering a slight 0.13% increase over the past day. Meanwhile, the total crypto market volume in the last 24 hours is $35.42 billion, marking a significant 44.54% surge. Last month, the global crypto market valuation reached $1.63 trillion, while three months ago, the total capitalization was $1.12 trillion.

Cryptocurrencies play a vital role in the financial landscape, with various token types catering to diverse needs and holding different levels of volatility. As the market continues to evolve, investors and enthusiasts closely monitor these changes, hoping to make informed decisions in this dynamic and exciting space.

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Neha Sharma
Neha Sharma
Neha Sharma is a tech-savvy author at The Reportify who delves into the ever-evolving world of technology. With her expertise in the latest gadgets, innovations, and tech trends, Neha keeps you informed about all things tech in the Technology category. She can be reached at neha@thereportify.com for any inquiries or further information.

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