Bitcoin Under $69K; Notcoin and Toncoin See Major Gains

• Bitcoin trades below $69,000 with a slight 1.51% increase in 24 hours.
• Global crypto market cap slightly up by 0.35%, now at $2.55 trillion.
• Notcoin leads gains with a 19.53% surge, Synthetix faces an 8.49% drop.

Bitcoin , the foremost digital currency, persists in displaying fluctuations, remaining beneath the $69,000 threshold as of early Monday. Despite its erratic trajectory, Bitcoin’s trading activity fluctuated between $68,000 and $70,000 over the previous week. Within the last 24 hours, BTC has seen a marginal increase of around 1.51%.

Additionally, the total market capitalization for cryptocurrencies globally is at $2.55 trillion, marking a slight increase of 0.35% in the past day. The market’s overall color is a faint green, indicating a mild recovery in prices across various digital currencies.

In the meantime, other prominent alternative coins like Ethereum , Dogecoin , Ripple , Solana , and Litecoin have registered small losses. The collective market’s Fear & Greed Index is at 60, based on data from CoinMarketCap, reflecting a prevailing attitude of greed.

Within the realm of alternative coins, Notcoin (NOT) has stood out as the leading gainer for the seventh day in a row, witnessing an impressive 24-hour surge of more than 19.53%. On the opposite end, Synthetix (SNX) has suffered the most substantial drop, with an 8.49% decrease during the same timeframe. We will now examine the day’s top cryptocurrency gainers to gain insight into the current market dynamics.

Toncoin (TON)

• Market Cap: $16.10 Billion
• Trading Volume: $498 Million

Toncoin is currently the second-largest gainer, with a 20% surge in value over the past 24 hours, climbing from $6.37 to $7.03. Although it has seen a decrease lately, TON is presently priced at $6.70, underpinned by a market capitalization of $16.10 billion.

Additionally, the volume of transactions involving Toncoin has experienced a significant increase, leading to a 250% rise in its daily trading volume, which now stands at $498 million. This pattern indicates a positive market sentiment, with TON’s price currently higher than the 7-day simple moving average (SMA) and exhibiting a consistent ascending trajectory on the 4-hour chart.

Notcoin (NOT)

• Market Cap: $2.18 Billion
• Trading Volume: $4.53 Billion

Notcoin remains at the forefront of profit increases, prolonging its 54% rise from $0.01875 to a fresh record peak of $0.02896. Presently, NOT is being traded at $0.02125, which represents a 19.53% increase over the past 24 hours, and it has a market value of $2.18 billion.

Since being introduced in the middle of May, Notcoin has experienced a rising trend, leading to a higher number of market trades. The trading volume over 24 hours has surged by 162%, hitting $4.53 billion.

Gala (GALA)

• Market Cap: $1.48 Billion
• Trading Volume: $318 Million

Gala , a blockchain solution operating on layer 1, has attracted notice due to its value rising by 10% in the last 24 hours, elevating its price from $0.043 to $0.047. GALA’s market cap is currently $1.49 billion, and its trading volume has experienced a surge of 140%, reaching $318 million.

Even though the market has generally shown favorable results, a number of cryptocurrencies have failed to sustain their increases. Cryptocurrencies like Synthetix (SNX), Arweave (AR), and Beam (BEAM) have seen their values drop following earlier periods of upward momentum.