(27 June 2024,10:29 AM IST):
On Thursday morning, the cryptocurrency market continued to show a bearish trend, with Bitcoin (BTC) and Ethereum (ETH) both trading in the red. The downtrend has been influenced by rumors of Bitcoin selling by the US government and the MT.Gox, creating a negative sentiment in the market.
As of now, Bitcoin (BTC) is trading at $61,068, down by 1.08%, with a market cap of $1.20 trillion. Similarly, Ethereum (ETH) has dropped by 0.24% to $3,380 in the past 24 hours, with a market cap of $406 billion.
Kaspa and Maker Outperform Market
Kaspa (KAS): Kaspa, a leading Layer-1 token, has surged by 12.14% and is currently trading at $0.1793. The token has a market cap of $4.30 billion. Over the past 30 days, Kaspa has impressively increased by 28%.
Maker (MKR): Maker, a leading DAO token, has also seen significant gains, rising by 9.22% today to trade at $2,561. The token’s market cap stands at $2.37 billion.
Summary
While Bitcoin and Ethereum continue to face bearish pressure, tokens like Kaspa and Maker are bucking the trend and delivering strong performance.