Cryptocurrency Market Review: Bitcoin and Ethereum Rise, Altcoins Show Mixed Performance

Crypto Market Update: Global Market Cap at $1.18 Trillion

Welcome to a quick take on the cryptocurrency market! As of Saturday morning, the global crypto market cap stood at an impressive $1.18 trillion. While some of the popular altcoins experienced minor losses, Bitcoin (BTC) and Ethereum (ETH) managed to rise above $28,000 and $1,800 marks, respectively.

Bitcoin (BTC) and Ethereum (ETH) on the Rise

Bitcoin (BTC) is currently priced at $28,029.64, with a 24-hour loss of only 0.07 percent. Ethereum (ETH) is also performing well at $1,868.64, with a 24-hour loss of 0.51 percent. These two coins are among the most valued cryptocurrencies in the market.

Altcoins Facing Minor Losses

While Bitcoin and Ethereum are gaining traction, some popular altcoins like Dogecoin (DOGE) and Litecoin (LTC) experienced minor losses. DOGE registered a 24-hour loss of 2.04 percent, currently priced at $0.08357, while LTC saw a 24-hour loss of 0.21 percent, trading at $90.72.

Top Gainers and Losers of the Day

Filecoin (FIL) emerged as the biggest gainer, with a 24-hour jump of over 4.24 percent, currently priced at $5.86. Chiliz (CHZ) also performed well with a 24-hour gain of 3.48 percent, priced at $0.1327. Neo (NEO) showed promise with a gain of 2.45 percent, currently priced at $12.50. On the other hand, the Lido DAO (LDO) turned out to be the biggest loser, with a 24-hour loss of 4.28 percent, priced at $2.47. Maker (MKR), Aave (AAVE), Terra Classic (LUNC), and dYdX (DYDX) also experienced losses in the past 24 hours.

Stay Up-to-Date with Crypto Market

As the cryptocurrency market continues to evolve, it’s important to stay informed about the latest trends and price movements. Make sure to keep an eye on the global market cap, Bitcoin, Ethereum, and other popular coins, as well as the top gainers and losers.

Happy trading!

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