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Bitcoin Consolidating; While Jasmycoin, Kaspa and Bitcoin SV Going Higher


(23 June 2024, 09:30 AM IST):

On this Sunday morning, while many enjoy a holiday, the crypto market remains active and bustling. Today, we observe significant surges across numerous altcoins, even as Bitcoin continues its struggle to regain a bullish trajectory.


As of now, Bitcoin (BTC) is consolidating at $64,447, having established a resistance trendline that needs to be broken for a return to bullish momentum. Currently, Bitcoin is trading at $64,426, marking a slight increase of 0.25% and boasting a market capitalization of $1.27 trillion.

Meanwhile, Ethereum (ETH) is also experiencing a minor uptick, rising by 0.37% to $3,516 in the past 24 hours, with a market cap of $429 billion.

Altcoins Surging Higher

Source: Coinmarketcap

Jasmycoin (JASMY): The IoT token Jasmycoin has seen a remarkable jump of 14.04% over the last 24 hours, reaching $0.03293. Jasmycoin now stands with a market cap of $1.63 billion, reflecting its growing traction and investor interest.

Kaspa (KAS): Kaspa, a leading Layer-1 token, is also making significant gains today. Its price surged by 7.79% to $0.1574, bringing its market cap to $3.76 billion. Kaspa’s performance underscores its potential in the competitive crypto landscape.

Bitcoin SV (BSV): Bitcoin SV has also seen a notable increase, soaring by 5.26% over the last 24 hours to reach $45.94. With a market cap now at $905 million, Bitcoin SV continues to capture attention within the cryptocurrency community.

The altcoins like Jasmycoin, Kaspa, and Bitcoin SV showcasing impressive gains. Meanwhile, Bitcoin’s consolidation phase highlights the ongoing challenges in reclaiming its bullish momentum.

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