(04 June 2024, 12:02 AM IST):
As of Tuesday morning, the cryptocurrency market is showing a bullish trend, with the prices of altcoins and memecoins on the rise. However, Bitcoin’s price remains relatively flat, fluctuating around the $68,000 level. Since the approval of the Ethereum spot ETF, Bitcoin has struggled to surpass the $71,000 mark despite the overall bullish sentiment.
Among the top gainers today are Kaspa, Notcoin, Jasmycoin, and Gala, which have shown impressive gains.
Current Market Overview
- Bitcoin (BTC): Trading above $68,000, Bitcoin’s current price is $68,833, reflecting a modest increase of 0.08% in the last 24 hours. Bitcoin’s market capitalization stands at $1.36 trillion.
- Ethereum (ETH): Ethereum has experienced a slight increase of 1.60%, with its current price at $3,755. Ethereum’s market capitalization is $451 billion.
Top Gainers
- Kaspa (KAS): Kaspa, a layer 1 token, is in the spotlight with significant gains. Its price has surged by 18.69%, reaching $0.1749. Kaspa’s market cap is currently $4.17 billion. Over the past week, Kaspa has surged by 24.65%.
- Notcoin (NOT): The gaming token Notcoin continues its rally, jumping by 13.27% over the last 24 hours to reach $0.02408. Notcoin’s market cap now stands at $2.46 billion. Despite the solid rally, some sell-off and profit booking are expected in Notcoin. Over the past week, Notcoin has surged by an impressive 206%.
- Jasmycoin (JASMY): The IoT token Jasmycoin has also seen a significant jump, increasing by 11.97% in the last 24 hours to $0.03818. Jasmycoin’s market cap is now $1.87 billion. In the past week, Jasmycoin has surged by 44.71%.
The overall cryptocurrency market appears slightly bullish as various altcoins shown bullish trends. Bitcoin’s flat position and the significant gains in tokens like Kaspa, Notcoin, and Jasmycoin suggest a positive sentiment.
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