Crypto Correction: Bitcoin, Ethereum Facing Drop With Altcoins, BOME Surges

Advertisement

The cryptocurrency market became bearish early on Sunday morning when the price of Ethereum (ETH) and Bitcoin (BTC) fell sharply. This decline also affected other coins like SOL, XRP, ADA, and AVAX. Following the massive surge in the earlier weeks, a correction in the cryptocurrency market was already expected. After hitting a record high of $73,789, bitcoin drops to $66K this week.

In the meantime, Book of Meme (BOME), Phala Network (PHA), and Amp (AMP) are today’s top gainers, showing impressive surges.


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

CRYPTO-PRICES
Source: CoinMarketCap

As of now, Bitcoin (BTC) is priced at $66,329, experiencing a 4.06% decrease in the last 24 hours, with a market capitalization of $1.30 trillion. Ethereum (ETH) is trading at $3,549, down by 4.58% in the last 24 hours, with a market cap of $425 billion.

Advertisement

Top Gainers:

Crypot-Prices-
  1. Book of Meme (BOME): The trending memecoin, Book of Meme (BOME), has seen an impressive surge of 52.52%, reaching $0.01886 within the last 24 hours. The market cap for the BOME token now stands at $1.09 billion. Over the past 7 days, BOME has surged by an astonishing +2,063%.
  2. Phala Network (PHA): Phala Network (PHA) has recorded a gain of 37.50%, reaching $0.2961 within the last 24 hours, with a market cap of $201 million. Over the past week, PHA has surged by +37%.
  3. Amp (AMP): Amp (AMP) has surged by 12.70% in the last 24 hours, reaching $0.01212, with a market cap of $2.96 billion. Over the past 7 days, AMP has surged by an impressive +129%.

In conclusion, while Bitcoin and Ethereum face a notable correction in their prices along with a downturn in various altcoins, certain cryptocurrencies like Book of Meme (BOME), Phala Network (PHA), and Amp (AMP) have showcased remarkable resilience and surged

Comments are closed.