Bitcoin is flashing red during the early Asian trading session on Thursday, and memecoins, which were the biggest gainers in the recent recovery are also dropping along with the rest of the crypto market. The global crypto market capitalization is also flashing red, down 4.39% over the last 24 hours to rest at $2.16 trillion. After an amazing performance in part of last week, the memecoins has been bleeding over the last day, posting double-digit losses, against BTC’s 4.35% slump to $58,153.. At the time of writing, tokens in this sector were on a freefall as the big crypto exchanged…

The Solana price is trading at $146 with a bearish bias as of 4:30 am EST. SOL has been sealed in a downtrend over the last week, with 12% monthly losses. Market participants are expecting a sustained uptrend for the smart contract token as it trades in a highly bullish chart pattern in the daily timeframe. Solana bulls seek a return to areas above $180 Solana has had an impressive run in 2024, posting more than 60% gains from the May. 1 low of $118 to set a swing high at $188 on May 21. This was followed by a…

The Ethereum Name Service (ENS) price has surged by 40% over the last two days to trade at $33. ENS began the uptrend on June 12 soaring as much as 80% to set a swing high at $35.1, levels last seen in January, 2022. Ethereum Name Service meteoric rise has been orchestrated by a couple of factors including the impending launch of spot Ethereum ETFs in the United States. Crypto analyst Cold Blooded Shiller has shared some insights on the ENS price, declaring that the price has broken out of a range that has been in place for two and…

AI-related coins have turned down from their recovery to record double-digit losses over the past 24 hours. At a time when the largest cryptocurrency by market capitalization BTC is struggling to hold above the $60,000 mark, recording its intra-day low of $60,580 on June 27, — most AI coins followed in its footsteps and experienced double losses. Before the current bearish brunt, this category of cryptocurrencies were among the biggest gainers in the green crypto market. Performance of top AI coins. Source: CoinMarketCap Near token (NEAR) mirrored the broader market trend, achieving a 4.73% price increase in the past 24…

The Notcoin price is leading the gains on Wednesday as all the wider crypto market experienced modest gains. NOT price is up 13.64% over the last 24 hours to trade at $167 as of 3:30 am ET. With this performance, Monero is the biggest gainer among the top 100 cryptocurrencies by market capitalization according to data from CoinMarketCap. Top gainers Feb. 1. Source: CoinMarketCap In comparison, the global crypto market capitalization is up 0/86% on the day to rest at $2.27 trillion. Bitcoin is up 1.74% to $61,704, and Ether’s ETH has increased by 1.29% to $3,401 over the same…

The Bitcoin price is trading at $61,554 on Wednesday, up 0.73% over the last 24 hours. However, the latest drawdown has seen the big crypto lose up to 6% of its value over the last seven days. Profit-taking by traders, the German government’s recent Bitcoin transfers and expected repayments from Mt. Gox have added to the selling pressure on BTC. The German government moved $24 million more in Bitcoin to centralized exchanges early on Tuesday, following the $65 million sent on June 20 and $130 million on June 19. These transfers have pushed the Fear and Greed index to 30…

Bitcoin is flashing green during the early Asian trading session on Tuesday, and memecoins, which were the biggest losers in the recent sell-off, are also recovering along with the big crypto. After an amazing performance in part of last week, the memecoins has been bleeding over the last week, posting double-digit losses, against BTC’s 6.56% slump to $58,400.. At the time of writing, tokens in this sector had begun their recovery as the big crypto climbed back above $61,000. Top memecoins performance. Source: CoinMarketCap Solana-based Book of Meme (BOME) has rallied over 10.58% over the last 24 hours and is…

The Ethereum price is exchanging hands at $3,221 after dropping more than 5% over the last 24 hours. ETH experienced a 9% drop over the last 48 hours as its price dropped from a high of $3,519 on June 23 to an intra-day low of $3,233, levels last seen on May 20. The flash downswing resulted in liquidations of more than $59.67 million worth of ETH futures, which were leveraged long bets on the price increase. Total crypto liquidations. Source: Coinglass The downswing has left market participants debating the significance of the price correction with the technical set up revealing…

Fantom (FTM) price has rallied more than 10.7% over the last three days to exchange hands at $0.5823 at the time of publication. It is up 2.55 over the last 24 hours, outperforming the broader crypto market which has 2.12% to $2.34 trillion over the same period. FTMs daily trading volume has jumped to $180 million, and with a market capitalization of $1.63 billion, it is now at position 53 according to the CoinMarketCap ranking. Fantom’s performance follows the news that the Fantom Foundation has partnered with Sonic Labs to launch the Sonic Labs Innovator Fund. With this initiative, Fantom’s…

Bitcoin’s BTC rose back above the $65,000 mark during the early Asian trading hours on June 20. At the time of writing, Bitcoin exchanged hands at $66,007, up 0.7% over the last 24 hours. This performance has reduced Bitcoin’s dominance to 52.91% of the total crypto market value with a market capitalization of $1.296 trillion. Cryptocurrency performance June 20. Source: Coin360 With a breakout, a retest, and a bullish pattern in the pipeline, Bitcoin is preparing for a massive move upward toward the end of June. Amid the rising anticipations of the impacts of spot Bitcoin ETFs and the expected…