Bitcoin Gets Declined; While FTX Token, UMA, and Core Makes Surge- Featured Image

Bitcoin Gets Declined; While FTX Token, UMA, and Core Makes Surge

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As the new week unfolds, the cryptocurrency market is showing a slightly bearish trend, with both Bitcoin (BTC) and Ethereum (ETH) experiencing minor drops in their prices.

At the time of writing, Bitcoin (BTC) is trading at $60,906, having declined from $61,815 after encountering resistance at the $60,300 price level. Bitcoin’s trajectory suggests it may continue to fluctuate until it surpasses the $65,518 mark.

BTCUSDT chart
Source: TradingView

Meanwhile, amidst this fluctuation, some cryptocurrencies are making significant gains. FTX Token (FTX), UMA (UMA), and Core (CORE) are among the top gainers for the day.

Current Prices of Bitcoin (BTC) and Ethereum (ETH):

Bitcoin (BTC) has experienced a 0.23% drop in the last 24 hours, with its price now at $60,918 and a market cap of $1.20 trillion. Ethereum (ETH) is trading at $2,882, down by 1.53% over the last 24 hours, with a market cap of $346 billion.

Top Gainers:

Top Gainers Today
Source: CoinMarketCap
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  1. FTX Token (FTX): FTX Token (FTX) has surged by 11.14% to reach $1.83 in the last 24 hours, with a market cap of $603 million. Over the past week, FTX token has shown an impressive surge of 20.03%.
  2. UMA (UMA): UMA (UMA) the DAO Token, is up by 9.53% to $4.19 in the last 24 hours, with a market cap standing at $338 million. In the span of the last 7 days, UMA token has exhibited a remarkable surge of 52.34%.
  3. Core (CORE): Core (CORE) has seen a surge of 2.08% to reach $1.65 in the last 24 hours, with a market cap of $1.47 billion.

In conclusion, while Bitcoin faces a minor decline, FTX Token, UMA, and Core are making notable surges in their prices

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