(10 June 2024, 10:30 AM IST):
As we step into the new week, the cryptocurrency market looks quite familiar. Bitcoin (BTC) continues to hover around $69,000, struggling to break past the $71,000 mark with significant bullish momentum. After a sharp drop from $71,000 to $68,400 on June 7, altcoins are showing signs of recovery.
Bitcoin and Ethereum Current Status
Bitcoin (BTC) is currently trading at $69,638, marking a slight increase of 0.51% over the last 24 hours. Its market capitalization stands at $1.37 trillion. Similarly, Ethereum (ETH) has seen a modest rise of 0.55%, now priced at $3,690 with a market cap of $443 billion.
Altcoins on the Rise: Mantra, Oasis, and Polymesh
1.Mantra (OM)
Mantra (OM), the DAO token, has been in the spotlight, hitting an all-time high of $1.09. Currently, its price has surged by 19.35% to $1.08, and its market cap is $864 million. Over the past week, Mantra has seen a remarkable increase of 25.37%.
2.Oasis (ROSE)
Oasis (ROSE), an AI-focused coin, is back on a bullish track. Its price jumped by 12.83% over the last 24 hours, reaching $01181. The market cap of Oasis now stands at $792 million. In the past 30 days, Oasis has surged by 17.95%.
3.Polymesh (POLYX)
Polymesh (POLYX) has also seen impressive gains, with its price increasing by 11.44% over the last 24 hours to $0.4941. The market cap of Polymesh is currently $419 million. Over the past week, the POLYX token has surged by 19.59%.
In summary, While Bitcoin remains steady at around $69,000, altcoins like Mantra, Oasis, and Polymesh are experiencing significant growth