/ Explore the latest from crypto market today: Bitcoin and Ethereum leading a bullish rally. TRB and PEPE surge, but caution prevails.
Author: Nilesh Hembade.
Date: 02 Jan 2024, 10:05 AM IST
As the world ushers in the new year 2024, the cryptocurrency market is setting the stage for an exciting start, with green candles dominating the scene. Investors are witnessing a surge in the prices of major cryptocurrencies, with Bitcoin and Ethereum leading the bullish charge, while altcoins like Solana, Cardano, and Avalanche showcase notable strength.
Bitcoin and Ethereum Take the Lead:
Bitcoin (BTC) is making headlines today with an impressive 7.26% surge, bringing its price to $45,323 in the last 24 hours. The market cap of Bitcoin now stands at a substantial $887 billion. Ethereum (ETH) is not far behind, trading at $2,379, reflecting a 4.77% increase in the last 24 hours, with a market cap of $286 billion.
Tellor (TRB) and Pepecoin (PEPE) Surging:
1) Tellor (TRB):
Despite experiencing a significant pump and dump, Tellor (TRB) remains in the spotlight. The TRB token has seen a remarkable +39.56% increase, reaching $187.38 in the last 24 hours. The market cap for TRB stands at $473 million. Investors, however, are advised to exercise caution, considering the recent drastic drop from $600 to $150 in a single day.
2) Pepecoin (PEPE):
In another corner of the cryptocurrency market, Pepecoin (PEPE) is turning heads with an impressive surge. The PEPE token has recorded a notable 10.73% gain in the last 24 hours, reaching $0.00000141. The market cap for the Pepe token stands at a substantial $596 million.
As the crypto market experiences these bullish movements, investors are eagerly watching the green candles illuminate their portfolios. However, with the inherent volatility in the cryptocurrency space, prudent investment strategies and cautious decision-making are crucial for navigating the exciting yet unpredictable terrain of digital assets.