![Bitcoin to Consolidate, While JTO, FTT, and SOL Making Positive Gains- Featured Image](https://coinsprobe.com/wp-content/uploads/2024/05/Bitcoin-to-Consolidate-While-JTO-FTT-and-SOL-Making-Positive-Gains.png)
/ Discover the latest news of crypto market: Bitcoin trading in consolidation, while JTO, FTT, and SOL surging higher.
Author: Nilesh Hembade
Date: 07 May 2024, 09:24 AM IST
On the morning of Thursday, the cryptocurrency market is having a mixed scenario, as the prices of Bitcoin and Ethereum are both trading in red, while altcoins are making significant gains in value today.
Bitcoin, witnessed a rapid surge yesterday, shooting from $63,000 to above $65,000 within minutes. However, it has now entered a consolidation phase, currently trading around the $63,000 mark in smaller timeframes like the 15-minute chart.
![BTCUSDT_chart](https://coinsprobe.com/wp-content/uploads/2024/05/BTCUSDT_2024-05-07_09-44-46.png)
Meanwhile, coming on to top gainers, the prices of top crypto coins Jito (JTO), FTX Token (FTT), and Solana (SOL) are making gains today.
Current Prices Bitcoin (BTC) and Ethereum (ETH):
Bitcoin (BTC) is currently priced at $63,252, experiencing a marginal decline of 1.13% over the last 24 hours. Its market capitalization stands impressively at $1.25 trillion. Ethereum (ETH), on the other hand, is trading at $3,053, marking a decrease of 2.60% in the last day, with its market cap at $366 billion.
Top Gainers:
![Top Gainers Today](https://coinsprobe.com/wp-content/uploads/2024/05/Top-Gainers-Today-2024-05-07-100056.png)
- Jito (JTO): Jito (JTO) has surged by an impressive +10.40% today, reaching $3.88. With a market cap of $463 million, JTO has exhibited extraordinary growth, soaring by an +20.32% in the last 7 days.
- FTX Token (FTT): FTX Token (FTT) has also showcased noteworthy growth, rising by 5.35% to $1.65 within the last 24 hours. Its market cap currently stands at $536 million, and in the past week, FTT has seen a surge of +15.76%.
- Solana (SOL): Solana (SOL) stands out with a +6.20% increase in its price, now resting at $155.62. The market cap for SOL is an impressive $69.32 billion. Over the last 7 days, SOL has shown a substantial surge of +13.59%.
In conclusion, while Bitcoin consolidates its position, altcoins like JTO, FTT, and SOL are making significant gains.