/ Discover the latest news of crypto today: Bitcoin halving event completes today, while ENA, AR and WIF surging higher.
Author: Nilesh Hembade
Date: 20 Apr 2024, 0905 AM IST
Over the weekend, the highly anticipated event of Bitcoin Halving reached its conclusion, marking a significant milestone in the world of cryptocurrency. The event, which occurs approximately every four years, saw the rewards for miners reduced from 6.25 BTC to 3.125 BTC. This reduction is designed to control the supply of Bitcoin, ultimately influencing its price dynamics. Historically, previous halving events have triggered bullish rallies in the following months, making the next few months particularly interesting for Bitcoin investors.
Amidst the buzz surrounding Bitcoin’s halving, attention is also drawn to the impressive gains made by other cryptocurrencies. Ethena (ENA), Arweave (AR), and Dogwifhat (WIF) have emerged as the top gainers in the current market.
Latest Prices of Bitcoin (BTC) and Ethereum (ETH):
Bitcoin (BTC) is currently trading at $63,908, marking a 3.60% increase in the last 24 hours. With a market cap of $1.26 trillion, Bitcoin continues to dominate the cryptocurrency market. Ethereum (ETH) has seen a 2.64% rise, reaching $3,052, with a market cap of $366 billion.
Top Gainers of the Day:
- Ethena (ENA): The native token of Ethena (ENA) has surged by 15.53% to $0.9929 in the last 24 hours. With a market cap of $1.42 billion, ENA is attracting attention with its remarkable performance.
- Arweave (AR): The price of Arweave (AR), a WEB 3 token, has experienced a significant increase of 16.35%, reaching $28.90 in the last 24 hours. With a market cap of $1.85 billion, AR is demonstrating its potential in the cryptocurrency market.
- Dogwifhat (WIF): This trending memecoin has seen a surge of 13.90%, reaching $2.85 in the last 24 hours. With a market cap of $2.83 billion, WIF is capturing the attention of traders and investors.
In summary, Bitcoin’s halving now complete and notable gains from ENA, AR, and WIF are shining at top in crypto market.