- Bitcoin price drops 0.49%, total crypto market cap falls to $1.4 trillion.
- MATIC price rises 6%, MEME coin surges 71.95% in 24 hours.
- BIGTIME value increases 17.24% daily, despite a monthly decline of 29%.
In the last 24 hours, the price of Bitcoin
Over the last day, the price of Bitcoin (BTC) has decreased by 0.49%, resulting in a current trading price of $36,667.05. The primary cryptocurrency’s trading volume over the same 24-hour period has experienced a significant increase of over 42%, reaching $18,366,217,013. This increase in trading volume is probably attributable to a rise in the volume of sell orders.
Despite the recent setback, Bitcoin’s performance over the past week remained positive, with an approximate increase of 4.47%. Furthermore, on a monthly basis, cryptocurrency’s price has risen by more than 37%.
Concurrently, alternative cryptocurrencies like MATIC, MEME, and BIGTIME are capitalizing on the downturn of BTC. In addition, each of these digital assets has earned a position on CoinMarketCap’s list of trending cryptocurrencies.
Over the previous trading day, the price of MATIC increased by approximately 6%, leading to a trading price of $0.9296. The cryptocurrency reached a daily peak of $0.9512. This uptick in MATIC’s value has contributed to an impressive weekly gain of 79.77%.
Over the last 24 hours, MEME has witnessed a substantial increase in its price, rising by 71.95%. Consequently, the trading price of the token has escalated to $0.03721. At the beginning of the month, the meme coin garnered significant attention following an impressive 2,500% surge in its price. This surge was likely attributed to a fervent interest in an airdrop event, during which there was a demand for 2.35 billion MEME tokens, representing approximately 13.6% of the total supply of the token.
The recent uptick in the value of the memecoin may be attributed to the fear of missing out (FOMO) experienced by traders eager to participate in the hype generated by MEME’s widely publicized airdrop. Over the previous seven days, the price of MEME has experienced a significant increase, rising by more than 88%.
BIGTIME captured the attention of the market, with its value reaching $0.1807, reflecting a 17.24% increase within 24 hours. Over the course of the week, BIGTIME maintained a positive trajectory, appreciating by more than 15%. Despite these gains, the altcoin’s performance over the past month declined approximately 29%.
Disclaimer: The insights, perspectives, and data presented in this price analysis are published in good faith. Readers must conduct their own research due diligence. Any decision made by the reader is solely their responsibility, and Crypto Outlooks shall not be held responsible for any consequential or incidental harm or loss.
