Crypto Market Today: Bitcoin Pullbacks From $50K, While PYTH and BLUR Moves Higher

Wednesday morning brought about a slight bearish sentiment, particularly noticeable in the movements of major players like Bitcoin and Ethereum. Following a bullish surge that saw Bitcoin’s value rise from $42,000 to $50,000 over the past 15 days, the leading cryptocurrency experienced a pullback from the $50,000 mark, currently hovering around the $49,500 range.

Let’s look into the current market prices:

Bitcoin (BTC) has seen a decline of 0.87%, settling at $49,438 over the last 24 hours, with its market cap standing strong at $970 billion. Meanwhile, Ethereum (ETH) is trading at $2,629, marking a 0.57% decrease in the same timeframe, with a market cap of $316 billion.

While some giants stumble, others find their footing and climb higher:

Pyth Network (PYTH) and Blur (BLUR) Surges:

Source: CoinMarketCap


1.Pyth Network (PYTH): Today, the price of the PYTH token surged impressively by 14.62%, reaching $0.6703 within the last 24 hours. The market cap for PYTH stands at a notable $1.01 billion.

2.Blur (BLUR): Similarly, Blur (BLUR) experienced a significant surge, rising by 9.64% to $0.6965 in the last 24 hours. The market cap for BLUR is valued at $910 million.

In addition to these, Nervos Network (CKB) also saw substantial growth:

  1. Nervos Network (CKB): The price of Nervos Network (CKB) witnessed a remarkable rise of 35.87%, soaring to $0.008818 within the last 24 hours. The market cap for CKB stands at $386 million.

Comments are closed.