Macro Ticker
24 weeks ago

Crypto, Currently: June 5, 2024 – Bitcoin Hits New Heights as Altcoins Show Mixed Performance

Daily update from the five cryptocoins we consider the most interesting right now.

Bitcoin Soars Above $70,000

The cryptocurrency market is experiencing a resurgence, with Bitcoin leading the charge. Bitcoin (BTC) has surpassed the $70,000 mark, trading at $70,859.29, a 3.10% increase in the last 24 hours and a 4.32% gain over the past week. This surge extends its 30-day growth to an impressive 11.08%. Bitcoin’s market cap now stands at $1.39 trillion, solidifying its dominance in the crypto market.

Ethereum Shows Modest Gains Amidst Slight Weekly Decline

Ethereum (ETH), the second-largest cryptocurrency by market cap, is trading at $3,795.33. It has seen a 1.21% rise in the last 24 hours. However, it has experienced a minor dip of 0.49% over the past week. Despite this, Ethereum has managed to sustain a significant 20.48% increase over the past 30 days. Its market cap is $456 billion, with a circulating supply of 120.1 million ETH.

Solana Rallies Strongly

Solana (SOL) has shown remarkable performance, surging by 5.23% in the past 24 hours to reach $173.32. This marks a weekly gain of 2.51% and a substantial 18.61% increase over the last 30 days. Solana's market cap has grown to nearly $79.7 billion, supported by a circulating supply of 459.8 million SOL.

Immutable X Slightly Up

Immutable X (IMX) is trading at $2.28, reflecting a modest 1.09% increase in the last 24 hours. Over the past week, it has experienced a minor decline of 0.49%. However, IMX has shown a steady 2.78% increase over the past 30 days. Its market cap is approximately $3.37 billion, with a circulating supply of 1.48 billion IMX tokens.

Maker Rebounds from Weekly Losses

Maker (MKR) is currently priced at $2,643.97, showing a 3.06% increase in the last 24 hours. Despite this, it has faced a weekly loss of 2.24%. Over the past 30 days, MKR has decreased by 9.24%, reflecting some volatility in its market performance. Maker's market cap stands at $2.45 billion, with a circulating supply of 927,770 MKR.

Market Overview

The overall cryptocurrency market is showing signs of recovery, led by Bitcoin’s impressive gains. Altcoins are exhibiting mixed performance, with some like Solana showing strong upward trends while others like Maker are struggling with volatility. Investors remain cautiously optimistic as the market navigates through these fluctuations.

Stay tuned for more updates as the crypto market continues to evolve.

Disclaimer

The information provided by this Site is for general informational purposes only. All information on the Site is provided in good faith, however we make no representation or warranty of any kind, express or implied, regarding the accuracy, adequacy, validity, reliability, availability or completeness of any information on the Site.

More News

21 weeks ago Analysis: New Debate Rules Favor Biden New rules announced for the June 27th debate between Joe Biden and Donald Trump serves the President well.
22 weeks ago StanChart Becomes Among the First Global Banks to Launch Spot Crypto Trading StanChart breaks new ground by launching spot trading for Bitcoin and Ether, leading the charge among global banks in the cryptocurrency space.
22 weeks ago Crypto, Currently: June 21, 2024 - Market Bears Down on Major Cryptos Daily update on the five cryptocurrencies, we consider the most interesting right now.
22 weeks ago FX Daily: June 21, 2024 – Forex Market Update Daily update from the foreign exchange markets.
22 weeks ago Amazon Plans To Make Largest Reduction of Plastic Packaging in North America To Date Amazon's response to mounting criticism over its plastic waste with a new reduction plan.
22 weeks ago Ex-OpenAI Chief Scientist Ilya Sutskever Launches New Company Amid Criticism of ChatGPT Parent's Board Appointments Ilya Sutskever, former chief scientist at OpenAI, has co-founded a new company, Safe Superintelligence Inc., amidst ongoing scrutiny of OpenAI’s recent board appointments.
22 weeks ago FX Daily: June 20, 2024 - Mixed Movements in Global Currency Markets Daily update from the foreign exchange markets.