- Bitcoin rises 1.6%, while Ethereum and Solana face declines.
- Top gainers like TDCCP soar despite market downturn in crypto.
- Dogecoin drops 0.3%, as altcoins show mixed 24-hour results.
The cryptocurrency market has been a tale of contrasts over the last 24 hours, with Bitcoin showing strong gains while major altcoins, including Ethereum (ETH), Solana (SOL), and Dogecoin (DOGE), experienced notable declines.
Bitcoin continues to lead the market, trading at $112,270, reflecting a solid 1.6% increase within the last 24 hours. This uptick helps Bitcoin maintain its market dominance, with a valuation of approximately $2.2 trillion.
In contrast, Ethereum (ETH) has seen a 0.4% decline, bringing its price down to $4,353.05. Despite Ethereum’s prominent role in the blockchain space, the coin faced a slight dip as market conditions shifted. The overall market capitalization of Ethereum now stands at $524 billion.
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Solana (SOL), Dogecoin (DOGE), and Lido Staked Ether (STETH) Drop While XRP (XRP) and BNB (BNB) Show Stability
Solana (SOL), another major player, dropped by 0.7%, now priced at $205.31. The coin has experienced a small dip in its market value, which now sits at $111 billion. Lido Staked Ether (STETH), mirroring Ethereum’s performance, also saw a 0.4% decline, priced at $4,344.04.
Dogecoin (DOGE), a popular meme coin, failed to escape the downtrend, recording a 0.3% decline, bringing its price to $0.2155. While the decline was not as steep, it still marks a shift in sentiment for Dogecoin, which had previously seen significant upward movements.
Other major cryptocurrencies like Binance Coin (BNB), XRP (XRP), and TRON (TRX) saw stability but not much growth. BNB (BNB), priced at $847.87, remained nearly flat with a 0.0% change, while XRP (XRP) held steady at $2.82, showing no change in the last 24 hours. TRON (TRX), similarly, saw a slight decline of 0.7%, now valued at $0.3358.
Top Gainers Shine Amidst Market Declines
Despite the declines among major coins, the market has seen significant growth in smaller altcoins, with several top gainers posting impressive increases. TDCCP (TDCCP) led the charge with a massive 91.4% rise in price, now trading at $0.3484. Other notable performers include Portal to Bitcoin (PTB) and MemeCore (M), which saw increases of 64.4% and 35.3%, respectively.
Somnia (SOMI) and Euler (EUL) also posted strong gains, with Somnia rising by 35.3% to $0.5534 and Euler appreciating by 32.4% to $12.48. Even Blackhole (BLACK) showed promise, with a 31.1% increase in price, now valued at $0.3096.
While Bitcoin continues to shine in the face of broader market struggles, smaller altcoins are proving to be the key movers for investors seeking growth in a market of fluctuating trends.
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