/ Explore the latest in the crypto market: Bitcoin rebounds, Siacoin and Myro tokens surge.
Author: Nilesh Hembade.
Date: 20 Jan 2024, 08:57 AM IST
In the early hours of Saturday, the crypto market is showing signs of optimism as major cryptocurrencies like Bitcoin and Ethereum exhibit positive momentum. The market, which faced a dip with Bitcoin dropping to $40,350 yesterday, has managed to find support at the $40,800 level, instilling confidence among investors.
Let’s take a closer look at the current prices:
Bitcoin (BTC):
Bitcoin (BTC) has seen a 1.66% increase in the last 24 hours, reaching $41,539. The market cap for Bitcoin stands impressively at $814 billion, reflecting its dominance in the market.
Ethereum (ETH):
Ethereum (ETH) is trading at $2,477, marking a 1.16% uptick in the last 24 hours. The market cap for Ethereum is holding steady at $297 billion, showcasing the resilience of the second-largest cryptocurrency.
Top Gainers:
Siacoin (SC) Surges:
Siacoin (SC) has experienced a notable surge of 6.55%, reaching $0.01108 in the last 24 hours. The market cap for Siacoin now stands at $633 million, highlighting growing interest and activity in the Siacoin community.
Myro (MYRO) Token Makes Waves:
Today, the trending memecoin Myro (MYRO) has witnessed an impressive surge of 15.83%, reaching $0.2287 in the last 24 hours. The market cap for Myro stands at $216 million, underlining the rapid growth and popularity of this particular token. Notably, Myro Token has recorded an astounding surge of +955% in the last 30 days, emphasizing its appeal among crypto enthusiasts.
In summary, the crypto market appears to be recovering from recent fluctuations, with Bitcoin finding support and several altcoins, including Siacoin and Myro, demonstrating significant surges.