Bitcoin Struggles, While ZETA, FTT, and AXL Outperformed Bearish Market- Featured Image

Bitcoin Struggles, While ZETA, JTO, and AXL Outperformed Bearish Market

On the morning of Thursday, the cryptocurrency market showed an overall green scenario in altcoins and memecoins, even after a major drop in Bitcoin (BTC) in the last 48 hours. The price of Bitcoin has dropped from $64,422 to a low of $56,441 in the last 48 hours.

As we told yesterday, Bitcoin dropped to the target of $57K yesterday, and now If the bearish momentum continues, we can see Bitcoin reach the next support level of $52K.

Source: TradingView

Meanwhile, coming on to top gainers, the prices of top crypto coins ZetaChain (ZETA), Jito (JTO), and Axelar (AXL) are surging the most today.

Bitcoin (BTC) and Ethereum (ETH) Prices:

Bitcoin (BTC): The price of Bitcoin experienced a 4.38% decline, settling at $57,492 over the past 24 hours, with a total market capitalization of $1.13 trillion.

Ethereum (ETH): Ethereum saw a decrease of 2.53%, trading at $2,931, with a market cap of $357 billion.

Top Gainers:

Source: CoinMarketCap
  1. ZetaChain (ZETA): ZetaChain exhibited remarkable resilience, witnessing a surge of 12.24% in the past 24 hours, reaching $1.32. The market cap of ZETA tokens stands at an impressive $360 million, and over the last seven days, ZETA has soared by an impressive 11.42%.
  2. Jito (JTO): FTX Token demonstrated its strength with a 10.67% increase, reaching $3.25. The market cap for JTO stands at $392 million.
  3. Axelar (AXL): Axelar showcased a notable performance, climbing by 9.26% to $1.18. The market cap for AXL tokens stands at $770 billion.

While Bitcoin navigates through a challenging phase, investors continue to explore alternative avenues within the crypto market, seeking assets with the potential for growth and stability.

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