/ Discover the latest news of crypto market: Bitcoin drops under $61K, while Superverse, Toncoin, and SafePal making minor gains..
Author: Nilesh Hembade
Date: 11 May 2024, 10:48 AM IST
On the morning of Saturday, the cryptocurrency market was again painted red as the price of Bitcoin (BTC) fell under $61K from $63,300 yesterday. Following Bitcoin, the price of Ethereum also experienced a dip of -3.47z5 today, causing it to drop below the $3000 level.
At the time of writing, Bitcoin BTC is trading at $60,886; this is a crucial level for BTC as it is sitting in the downtrend resistance trendline. If Bitcoin fails to take a retest from here, we can see Bitcoin revisiting $57K again this time. In the event of a successful retest, a huge pump is on the way for BTC.
Meanwhile, according to top gainers, the prices of Superverse (SUPER), Toncoin (TON), and SafePal (SFP) are surging today.
Current Prices for Bitcoin (BTC) and Ethereum (ETH):
- Bitcoin (BTC): The price of Bitcoin has declined by -2.97% in the last 24 hours, resting at $60,887, with a market capitalization of $1.20 trillion.
- Ethereum (ETH): Ethereum is trading at $2,918, down by -3.60% in the last 24 hours. Its market cap stands at $350 billion.
Now, turning our attention to the top gainers in the market:
- Superverse (SUPER): The price of Gaming token, Superverse (SUPER) has surged by 6.02% in the last 24 hours, reaching $1.05. Its market cap now stands at $514 million. Impressively, over the past week, SUPER has seen a surge of +12.67%.
- Toncoin (TON): Toncoin (TON) the Layer1 token is up by 4.00% today, trading at $6.91. With a market cap of $23.96 billion, TON has shown remarkable growth of 19.63% in the last seven days.
- SafePal (SFP): SafePal (SFP) has also experienced a positive trend, with its price rising by 3.57% to $0.8023. The market cap for SFP now stands at $371 million.
In conclusion, as Bitcoin found itself in crucial level ,while the notable Superverse (SUPER), Toncoin (TON), and SafePal (SFP) each showcasing impressive gains.
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