/ Explore the latest in the crypto market today: Bitcoin goes down from $50K, while PYTH and BLUR tokens making impressive surge.
Author: Nilesh Hembade.
Date: 14 Feb 2024, 10:27 AM IST
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:
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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:
- 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.