Crypto Today: Bitcoin Drops; While GLM, HNT and ETHFI Surging Higher

Crypto Today: Bitcoin Drops; While GLM, HNT and ETHFI Surging Higher


As the new arises, the cryptocurrency market once again found itself amidst bouts of volatility. Bitcoin (BTC) and Ethereum (ETH) saw a downturn in their prices following a positive momentum from the previous day.

Ever since the Bitcoin halving event on April 19, 2024, the price of Bitcoin has been on a rollercoaster ride, dipping below the $63,000 mark today. This suggests that a significant drop might be on the horizon.

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However, amidst the red in the market, there are shining stars. Golem (GLM), Helium (HNT), and ether.fi (ETHFI) have all seen substantial gains today, standing out as top performers.

Let’s take a closer look at the current prices of Bitcoin (BTC) and Ethereum (ETH):

  • Bitcoin (BTC): Today, BTC experienced a 2.39% decrease, trading at $62,459 over the last 24 hours. Its market cap remains at an impressive $1.23 trillion.
  • Ethereum (ETH): ETH is currently priced at $3,192, marking a 3.39% decrease over the last 24 hours. Its market cap stands at $388 billion.

Top Gainers Today:

Top Gainers Today Prices
Source: Coinmarketcap
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  1. Golem (GLM): GLM, the AI token, saw a remarkable surge of 14.60%, reaching $0.5385 in the last 24 hours. Its market cap sits at $552 million. Impressively, GLM has surged by 33.16% over the past 7 days.
  2. Helium (HNT): HNT experienced a surge of 13.29%, reaching $5.16 in the last 24 hours. With a market cap of $829 million, HNT has shown a 28.69% increase over the past 7 days.
  3. ether.fi (ETHFI): ETHFI witnessed an 11.59% increase, reaching $4.48 in the last 24 hours. Its market cap stands at $513 million.

In conclusion, while Bitcoin and Ethereum show signs of volatility, the spotlight today is on altcoins such as Golem, ether.fi, and Helium, which are experiencing remarkable surges in their prices.

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