(21 June 2024, 11:48 AM IST):
This Friday morning, Bitcoin continues to face a challenging period as its price dips to $64,500. The leading cryptocurrency has been experiencing bearish momentum this month, falling from $72,000 to its current value. Similarly, Ethereum has also declined, dropping from $3,885 to $3,515.
As of now, Bitcoin (BTC) is trading at $64,596, down by 1.47% over the past 24 hours, with a market capitalization of $1.27 trillion. Bitcoin is currently hovering around a crucial support level of $64,400. If it fails to sustain this support, there is a possibility that the price could drop to $63,300. Ethereum (ETH), too, is facing a downward trend, trading at $3,515, which is a 1.77% decrease in the last 24 hours. Its market capitalization stands at $429 billion.
Core, Curve DAO, and RSS3 on the Rise
While Bitcoin and Ethereum are struggling, Core (CORE), Curve DAO (CRV), and RSS3 (RSS3) are showing impressive gains.
Core (CORE): Core, the DAO token, has seen a significant increase of 8.29%, reaching $1.43 over the last 24 hours. Its market capitalization is now $1.28 billion, reflecting strong investor interest and positive market sentiment.
Curve DAO (CRV): Curve DAO is also making notable gains today. Its price has surged by 7.65%, bringing it to $0.3568. The market cap of Curve DAO is currently $447 million, indicating a robust performance in the market.
RSS3 (RSS3): The price of RSS3 has soared by 6.47% over the last 24 hours, reaching $0.3050. With a market cap of $296 million, RSS3 is also experiencing a surge in value, drawing attention from investors.
Conclusion
While Bitcoin and Ethereum are struggling to maintain their prices amid bearish sentiments, other cryptocurrencies like Core, Curve DAO, and RSS3 are experiencing significant upward trends.