Bitcoin Slips Down; While Hedera, Bonk and Worldcoin Erased Gains-Featured Image

Bitcoin Slips Down; While Hedera, Bonk and Worldcoin Erased Gains


The cryptocurrency market experienced a dip in prices on Thursday morning, with major cryptocurrencies witnessing bearish sentiments. Bitcoin (BTC) and Ethereum (ETH), along with various Altcoins and Memecoins, saw declines in their values.

Bitcoin (BTC) is currently forming a descending triangle pattern, indicating a potential further decrease with a possibility of reaching the $61,750 level if the current bearish momentum persists.

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Among the top losers in the market are Hedera (HBAR), Bonk (BONK), and Worldcoin (WLD), which have erased significant gains today.

BTCUSD Chart
Source: Tradingview

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

Bitcoin (BTC): The price of Bitcoin (BTC) has slipped down by 3.60% to $64,288 in the last 24 hours, with a market capitalization of $1.26 trillion.

Ethereum (ETH): Ethereum (ETH) is trading at $3,152, experiencing a 2.80% decrease in the last 24 hours. Its market cap stands at $384 billion.

Now let’s take a closer look at the top losers:

Top-Crypto-Losers
Source: Coinmarketcap
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  1. Hedera (HBAR): The price of the RWA token, Hedera (HBAR), has decreased by 0.2993% to $0.1191 in the last 24 hours, with a market cap of $4.23 billion.
  2. Bonk (BONK): Bonk (BONK), a trending memecoin, saw a significant decline of 11.93% to $0.00002351 in the last 24 hours. Its market cap stands at $1.54 billion. Interestingly, over the past 7 days, BONK has surged by +64.37%.
  3. Worldcoin (WLD): The price of Worldcoin (WLD), a privacy token, experienced a surge of 11.82% to $4.804 in the last 24 hours, with a market cap of $939 million.

In conclusion, while Bitcoin and Ethereum faced downward trends, Hedera, Bonk, and Worldcoin witnessed fluctuations in their values.

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