/ Explore the latest in the crypto market today: Bitcoin bounced back in green, while DYM and KAS tokens making good surge.
Author: Nilesh Hembade.
Date: 08 Feb 2024, 10:27 AM IST
In the vibrant world of cryptocurrency, Thursday morning ushered in a wave of optimism as major players like Bitcoin and Ethereum rebounded from a period of consolidation.
For the past twelve days, Bitcoin had been holding steady around the $42,000 mark, seemingly caught in a consolidation phase. However, today marked a significant breakthrough as Bitcoin’s price surged past $44,000, indicating renewed momentum in the market.
Current prices Bitcoin (BTC) and Ethereum (ETH):
Bitcoin (BTC): The price of Bitcoin (BTC) has climbed by 3.71% in the last 24 hours, reaching $44,510. With a market cap of $873 billion, Bitcoin continues to dominate the crypto landscape.
Ethereum (ETH): Ethereum (ETH) is also on the rise, trading at $2,426 with a 2.86% increase in the last 24 hours. Ethereum’s market cap stands at an impressive $291 billion, solidifying its position as a key player in the crypto market.
Dymension (DYM) and Kaspa (KAS) Go Higher:
- Dymension (DYM): Investors in Dymension (DYM) were greeted with a pleasant surprise as the token surged by 17.09% to $6.04 in the last 24 hours. The market cap for DYM now stands at $884 million, reflecting growing interest and confidence in the project.
- Kaspa (KAS): Kaspa (KAS) also experienced a significant uptick, with its price soaring by 17.49% to $0.1217 in the last 24 hours. The market cap for KAS now stands at $2.75 billion, indicating strong investor enthusiasm and bullish sentiment.
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Additionally, the crypto market saw notable movements in other tokens, including:
- Dogwihat (WIF): This trending memecoin saw a remarkable rise of 27.21%, reaching $0.2210 in the last 24 hours. With a market cap of $221 million, WIF coin continues to capture the attention of investors seeking high-growth opportunities.
These impressive gains demonstrate the dynamic nature of the crypto market.