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Amidst Wednesday's market fluctuations, Bitcoin hovered above $70,000 while Ethereum dipped below $3,600. Mantle emerged as the top gainer with a 39.7% surge over 24 hours, while KuCoin Token suffered a 15.7% loss, marking the most significant decline.
Cryptocurrency Market Suffers Modest Decline, Bitcoin Hovers Above $70,000
The cryptocurrency market experienced a moderate downturn on Wednesday, with both Bitcoin and Ethereum registering losses. However, the broader market capitalization remained above the $2.6 trillion mark.
Bitcoin (BTC) retreated by approximately 1%, trading at $70,157 as of this writing. The decline kept BTC above the psychologically significant $70,000 level. Ethereum (ETH) also declined, losing around 1.7% to reach $3,578.
Despite the overall market downtrend, several altcoins posted gains over the past 24 hours. Mantle led the pack, surging by an impressive 39.7% to $1.28. Sui and Fetch.ai followed with notable gains of 15% and 11.2%, respectively.
On the downside, KuCoin Token plummeted by 15.7% to $12.12, emerging as the biggest loser. Conflux, Kaspa, FLOKI, and Bittensor also experienced significant declines.
Top 10 Gainers
- Mantle: $1.28 (39.7% gain)
- Sui: $2.07 (15% gain)
- Fetch.ai: $3.23 (11.2% gain)
- SingularityNET: $1.33 (9.6% gain)
- Litecoin: $97.39 (7% gain)
Top 10 Losers
- KuCoin Token: $12.12 (15.7% loss)
- Conflux: $0.4718 (8.8% loss)
- Kaspa: $0.1358 (7.8% loss)
- FLOKI: $0.0002326 (7.6% loss)
- Bittensor: $577.27 (5.6% loss)
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research！
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