/ Explore the crypto market today: Bitcoin (BTC) and Ethereum are in the green zone, while Shiba Inu Sei Network (SEI) and Injective (INJ) continues to rise.
Author: Nilesh Hembade.
Date:19 Dec 2023, 11:10 AM IST
In a surprising mode on Tuesday morning, the cryptocurrency market witnessed a sea of green, with Bitcoin (BTC) and Ethereum (ETH) leading the charge in price surges. Additionally, SEI and INJ, two lesser-known players, have caught the attention of investors with substantial gains.
Bitcoin (BTC), the flagship cryptocurrency, marked a significant rebound today after a week-long slump. Over the past 7 days, Bitcoin experienced a dip of -7.72%, dropping from $44,000 to $40,500. However, breaking this downward trend, Bitcoin surged by +4.38% in the last 24 hours, reaching $42,946. The current market cap for Bitcoin stands impressively at $840 billion.
Ethereum (ETH), the second-largest cryptocurrency, also saw a positive shift, trading at $2,237 with a gain of 3.00% in the last 24 hours. Ethereum’s market cap now sits at $268 billion, reflecting the overall positive sentiment in the market.
Notably, two altcoins, Sei Network (SEI) and Injective (INJ), have emerged as big winners today:
1) Sei Network (SEI):
In today’s cryptocurrency market, Sei Network (SEI) stands out with a remarkable surge. The price of the SEI token soared by +33.44% in the last 24 hours, reaching $0.3211. The market cap for SEI coin now stands at $740 million, showcasing an impressive weekly surge of 31.10%.
Checkout: Sei Network (SEI) Price Prediction.
2) Injective (INJ):
Injective (INJ) is another altcoin that has made significant strides today. The price of the INJ token surged by +24.67%, reaching $38.21 in the last 24 hours. The market cap for INJ coin now stands at $3.2 billion, highlighting a remarkable weekly surge of 42.86%.
Checkout: Injective (INJ) Price Prediction.
Investors are keeping a close eye on these developments as the cryptocurrency market experiences dynamic shifts. The positive momentum in Bitcoin and Ethereum, coupled with the notable gains in SEI and INJ, has certainly brought a sense of optimism to the crypto community after a week of uncertainty.