Today’s Crypto Market Trends
Around 27% of digital currencies are in the green. Dogwifhat has gained 88.49% in the last 24 hours, while Akash Network lost 8.19%.
Bitcoin’s Gains
The price of Bitcoin surged after the US SEC approved spot Bitcoin ETFs after the markets closed on Wednesday.
Jito (JTO)
Jito is the top crypto gainer today, with a 24.89% surge, $542.51 million in trading volume, a market cap of $227.00 million, and market dominance of 0.01%.
Flow (FLOW)
Flow has seen a 22.14% increase, trading above the 200-day simple moving average and demonstrating positive performance compared to the token sale price.
NEAR Protocol (NEAR)
NEAR has shown 135% growth in the past year, outpacing both Bitcoin and Ethereum, and it’s positioned above the 200-day simple moving average, indicating a positive trend.
Arweave (AR)
Arweave has increased by 15.72% and has reached an intraday value of $72.42 million, contributing to an overall market capitalization of $618.39 million.
Sponge V2 ($SPONGE V2)
Sponge V2 has gained value from $1 million to over $100 million and now has more than 11,500 holders, reflecting an engaged community.
Fantom (FTM)
Fantom has seen a 10.61% price increase in the last day and has a trading volume of $396.43 million and a market cap of $1.21 billion.
MultiversX (EGLD)
EGLD has seen a 62% increase in its price over the past year, trading at $56.55. And with a consistent trading position above the 200-day simple moving average.
Hot Take
Bitcoin, Dogwifhat, Jito, Flow, NEAR Protocol, Arweave, Sponge V2, Fantom, and MultiversX have shown strong growth, making them worth considering investments as indicated by their remarkable market performances.
Insa’s extensive background in the financial realm encompasses roles as a writer, trader, and personal finance coach. Her proficiency spans a wide spectrum, ranging from commodities and indices to forex and cryptocurrencies.Insa’s specialization lies in furnishing strategic investment advice tailored to the fintech investment niche.
