Explore the latest in the crypto market: Bitcoin falters at $40K, while KAVA and HT surge
Author: Nilesh Hembade.
Date: 24 Jan 2024, 10:16 AM IST
As the sun rises on a new Wednesday, the crypto market presents a mixed bag of trends, with major players like Bitcoin and Ethereum experiencing a dip in prices. Since the approval of the Bitcoin Spot ETF on January 11, 2024, the leading cryptocurrency, Bitcoin, has seen a continuous decline, slipping below the $40,000 mark. However, amidst the red candles, some altcoins are making significant strides, notably Akash Network (AKT), Sui (SUI), as well as the remarkable surges witnessed in WIF and SEI tokens.
Bitcoin and Ethereum Current Prices:
Bitcoin (BTC) has witnessed a 0.93% decline, settling at $39,690 in the last 24 hours. The market cap of Bitcoin stands at a substantial $2,778 billion. Ethereum (ETH) is trading at $2,217, experiencing a 5.38% decrease in the last 24 hours, with a market cap of $266 billion.
WIF and SEI Tokens Take Center Stage:
While major cryptocurrencies grapple with downward trends, two notable tokens, WIF and SEI, are standing out with impressive surges.
1)WIF Token (dogwifht): Today, the price of the trending memecoin, dogwifht, has surged by an impressive 26.23%, reaching $0.3323 in the last 24 hours. The market cap for dogwifht stands at a noteworthy $327 million.
2)SEI Token (Sei Network): The SEI Token has experienced a surge of 5.62%, bringing its price to $.6422 in the last 24 hours. The market cap for the SEI Token stands impressively at $1.54 billion.