|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
On Wednesday, Bitcoin and Ethereum saw increases in value, with Bitcoin trading above $63,000 and Ethereum above $3,000. Akash Network was the day's biggest gainer, rising by 9.6%, while Stacks experienced the most significant loss, dropping by 6%. The global crypto market cap increased by 0.5% to $2.29 trillion, indicating a positive trend in the cryptocurrency market.
Cryptocurrency Roundup: Bitcoin and Ethereum Surge, Akash Network Leads Gains
The cryptocurrency market witnessed a surge in prices on Wednesday, with Bitcoin (BTC) and Ethereum (ETH) posting significant gains. At the time of writing, the global crypto market capitalization had climbed to $2.29 trillion, marking a 24-hour increase of 0.5%.
Bitcoin Bulls Charge Ahead
Bitcoin (BTC), the leading cryptocurrency, continued its bullish momentum on Wednesday, surpassing the crucial $63,000 level. The cryptocurrency traded 0.5% higher, reaching $63,046. This rally has bolstered investors' confidence in the long-term prospects of BTC.
Ethereum Gains Steady Traction
Ethereum (ETH), the second-largest cryptocurrency, also recorded notable gains, breaking above the $3,000 mark. ETH rose by around 0.2% to trade at $3,070, indicating a growing demand for the smart contract platform.
Akash Network Shines as Top Gainer
Akash Network (AKT), a decentralized cloud computing platform, emerged as the top gainer over the past 24 hours. AKT surged by 9.6%, reaching a price of $3.85. Investors are recognizing the potential of Akash's blockchain-based cloud infrastructure solution.
Top 10 Crypto Gainers and Losers
In addition to Akash Network, other notable gainers in the past 24 hours included:
- Bitget Token (BGB): 7.6%
- NEAR Protocol (NEAR): 7%
- Axelar (AXL): 5.7%
- Celestia (TIA): 3.3%
Meanwhile, the biggest losers included:
- Stacks (STX): 6%
- Render (RNDR): 5.5%
- Neo (NEO): 5.3%
- Conflux (CFX): 4.8%
- Ondo (ONDO): 3%
Analysts Optimistic About Crypto Outlook
Cryptocurrency analysts remain optimistic about the long-term prospects of the market. Many believe that Bitcoin and Ethereum are well-positioned to continue their upward trajectory, driven by increasing institutional adoption and the growing popularity of decentralized finance (DeFi) and non-fungible tokens (NFTs).
Conclusion
The cryptocurrency market is experiencing a period of growth and momentum, with Bitcoin and Ethereum leading the charge. Altcoins are also posting gains, with Akash Network emerging as a standout performer. As the market continues to evolve, investors should exercise caution and conduct thorough research before making any investment decisions.
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！
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
-
-
- Justin Trudeau Resignation Rumors Swirl as Polymarket Bettors Predict 82% Chance of Departure by Friday
- Jan 07, 2025 at 05:45 am
- Bettors on Polymarket are predicting that Canadian Prime Minister Justin Trudeau will resign by the end of this week. However, reports from local media suggest that his departure might occur sooner.
-
-
-
-
-
-
- Bitcoin at a Decisive Threshold
- Jan 07, 2025 at 05:35 am
- The bitcoin finds itself at a strategic crossroads, where the $100,000 mark acts as a major test for market dynamics. This key level, both psychological and technical, concentrates significant liquidity, making price movements particularly unstable.
-
