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Cryptocurrency Market: Bitcoin Rises While Ethereum and BNB Decline

Cryptocurrency Market: Bitcoin Rises While Ethereum and BNB Decline

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by Giorgi Kostiuk

2 days ago


The cryptocurrency market has displayed mixed results over the past 24 hours. Bitcoin remains dominant, while Ethereum and BNB experience declines.

Current Situation in the Crypto Market

Bitcoin continues to hold the top position, rising by 0.4% to $110,761, with a market cap over $2.2 trillion and trading volume exceeding $48 billion. Conversely, Ethereum faced a decline of 2.3%, settling at $4,310.05, despite a 6.0% increase over the past week. BNB also fell by 0.4% to $851.90. Likewise, Lido Staked Ether and Wrapped stETH dropped by 2.4% to $4,299.75 and $5,211.02 respectively.

XRP and Other Altcoins Rise

Despite general losses, some altcoins are showing positive results. XRP has increased by 0.5% to $2.82, and Solana has risen by 2.2% to $208.49. Dogecoin and Cardano have also shown positive trends, increasing by 0.8% and 1.0% respectively.

Top Altcoins in the Last 24 Hours

Among lesser-known altcoins, there have been significant gains. Collector Crypt (CARDS) soared by 494.9%, reaching $0.1681, supported by a massive trading volume of $49 million. Metronome Synth ETH (MSETH) increased by 340% to $4,294.72. Notable also are TDCCP with a 75% increase and Worthless at a 71.4% increase.

Thus, the cryptocurrency market displays a contrast between Bitcoin's rise and key altcoins' declines, making the market challenging to predict.

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Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.