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(30 May 2024, 11:16 AM IST):
On Thursday morning, the cryptocurrency market is showing a slight decline overall. Bitcoin’s price continues to fluctuate around the $68,000 mark, maintaining this level for the past seven days. Despite the approval of the Ethereum spot ETF, Bitcoin has struggled to surpass the $71,000 threshold with sustained bullish momentum. The recent news of a $9 billion transfer of BTC from Mt. Gox has also impacted market sentiment.
Bitcoin and Ethereum Performance:
- Bitcoin (BTC): Currently trading at $68,047, down by 1.87% in the last 24 hours, Bitcoin’s market cap stands at $1.34 trillion.
- Ethereum (ETH): Trading at $3,776, Ethereum has decreased by 2.42% over the past 24 hours, with a market cap of $453 billion.
Top Gainers: Notcoin and Arkham
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- Notcoin (NOT): This gaming token has seen significant gains, with its price surging by 24.39% to $0.01213. Notcoin’s market cap is now $1.24 billion. Over the last seven days, Notcoin has experienced a remarkable increase of 130%.
- Arkham (ARKM): The AI token Arkham has jumped by 7.51% in the last 24 hours, reaching $2.51 price mark. Arkham’s market cap currently stands at $511 million.
As the cryptocurrency market navigates these fluctuations, Bitcoin remains under pressure, while emerging tokens like Notcoin and Arkham capture investor attention with their impressive gains.