• 23 November, 2024
News

Crypto Market Recap: Bitcoin (BTC) Above $26,000, Top Gainers & Losers

Crypto Market Recap: Bitcoin (BTC) Above $26,000, Top Gainers & Losers

In the ever-evolving cryptocurrency landscape, Bitcoin continues to captivate the attention of investors. Presently, Bitcoin is trading above the $26,000 mark, reaffirming its resilience and bullish sentiment. However, the broader cryptocurrency market paints a diverse picture with the top-10 cryptocurrencies trading in different directions.

The collective market capitalization has witnessed a slight uptick, reaching $1.17 trillion, representing an increase of +0.22%. Bitcoin’s dominance in the market stands at 44.48%, demonstrating a modest gain of +0.29%. In the midst of these market dynamics, the Fear & Greed Index currently reads 46, reflecting a sentiment of “Fear” among investors.

Top Gainers

Among the top gainers, three cryptocurrencies stand out:

Moss Carbon Credit is priced at $2.33, MCO2 has experienced a remarkable surge of +54.8% in the last 24 hours, though it has faced a decline of -19.1% over the past week. However, it has seen substantial growth of +133.8% in the last 30 days, with a 24-hour trading volume of $2.52 million.

With a price of $0.0411, SOLVE has demonstrated significant growth of +44.5% in the last 24 hours. It has also recorded impressive gains of +59.1% over the past week and +129.4% in the last 30 days, with a 24-hour trading volume of $658.03 thousand.

CANDY currently stands at $0.05629. Though the cryptocurrency showed a substantial hike of 11.55% over the past week, the last 24 hours witnessed a grave plunge of 15.30%. The 24-hour trading volume for CANDY stands at $681,751.48.

Top losers

While some cryptocurrencies have experienced substantial gains, others have faced losses over the last 24 hours. Here are the top three losers:

Block Beats Network (BBDC) is currently priced at $0.000111 and has suffered a significant loss of -45.2% in the last 24 hours. Additionally, it has seen a substantial decline of -76.1% over the past week. However, data for its performance over the last 30 days is not available. The 24-hour trading volume for BBDC stands at $897.91 thousand.

XCAD Network (PLAY) is priced at $0.0232, PLAY has experienced a notable decline of -36.3% in the last 24 hours. Over the past week, it faced a loss of -58%, and in the last 30 days, it witnessed a decrease of -68.1%. The 24-hour trading volume for PLAY is $1.07 million.

TRB is currently priced at $27.25 and has suffered a loss of -28.5% in the last 24 hours. Despite this short-term decline, it has posted gains of +17.6% over the past week and a remarkable +172.4% growth in the last 30 days. The 24-hour trading volume for TRB is $105.70 million.

In this crypto market snapshot, there is a range of movements among top cryptocurrencies, highlighting the inherent volatility in the space. While some coins have surged, others have faced losses. Bitcoin’s resilience remains evident as it trades above $26K. As investors navigate these fluctuations, staying informed and conducting thorough research is key to making informed decisions in this dynamic landscape.

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