/ Discover the latest news of crypto market: Bitcoin at retracement, while AKT, RNDR, and AVAX surging higher.
Author: Nilesh Hembade
Date: 05 May 2024, 08:45 AM IST
On the morning of Sunday, the cryptocurrency market looks like market is taking a rest as of now, as there is no big movement. Yesterday, BTC crossed the $64K mark after breaking out of the downward resistance trendline. At the time of writing, Bitcoin was trading at $63K and retracing the trendline. A successful pullback may lead to a jump in price.
Meanwhile, coming on to top gainers, the prices of top crypto coins Akash Network (AKT), Render (RNDR), and Avalanche (AVAX) are making gains today.
Current Prices for Bitcoin (BTC) and Ethereum (ETH):
Bitcoin (BTC) has seen a modest uptick of 0.32%, settling at $63,054 over the last 24 hours, with its market cap standing tall at $1.24 trillion. Ethereum (ETH), on the other hand, experiences a slight dip, down by 0.97% to $3,079, holding a market cap of $369 billion.
Top Gainers Today:
- Akash Network (AKT): The AI token, Akash Network (AKT), has soared impressively by 10.39% to $4.74 in the last 24 hours. With this surge, the market cap for the AKT token now stands at a commendable $1.12 billion.
- Render (RNDR): Render (RNDR) demonstrates a strong performance, witnessing an 7.09% increase to $8.88 within the last day. The RNDR token’s market cap now stands at $3.43 million, marking a significant rise.
- Avalanche (AVAX): Avalanche (AVAX) has shown resilience, climbing by 5.83% to reach $37.59 over the past 24 hours. With this surge, the market cap of the AVAX token now stands at an impressive $14.29 billion.
In summary, As Bitcoin holds its ground and altcoins like AKT, RNDR, and AVAX surge ahead in the cryptocurrency market today.
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