Crypto Market Today: Bitcoin Moves Over $48K, While Powerledger (POWR), and Immutable (IMX) Surging Higher


As the new week begins, the crypto market paints a slightly red picture, with major cryptocurrencies like Bitcoin and Ethereum experiencing a downturn today following a robust rally from $42K to $48K.

Current Market Prices of Bitcoin and Ethereum:

Bitcoin (BTC): The price of Bitcoin (BTC) has dipped by 0.58% to $48,090 in the last 24 hours, with a market cap of $944 billion.

Ethereum (ETH): Ethereum (ETH) is trading at $2,496, marking a 1.09% decrease in the last 24 hours, and boasting a market cap of $300 billion.

However, amidst this mixed market sentiment, certain altcoins are making notable gains:

CRYPTO-PRICES-2024-02-12
Source: Coinmarketcap

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1.Powerledger (POWR): The price of Powerledger (POWR) token has surged impressively by 31.23% to reach $0.4080 in the last 24 hours, with a market cap of $208 million.

2.Immutable (IMX): Immutable (IMX) has seen a significant surge of 8.05%, with its price reaching $2.95 in the last 24 hours. The market cap for the IMX token now stands at $4.0 billion.

3.API3 (API3): API3 has experienced a notable rise of 10.93%, with its price climbing to $3.41 in the last 24 hours. The market cap for the API3 coin stands at $297 million.

These upward movements in the prices of Powerledger (POWR), Immutable (IMX), and API3 indicate a potential shift in investor sentiment towards these particular projects.


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