Altcoins went wild in the past 24 hours after Bitcoin (BTC) reclaimed the $66,000 price level and set its sights on $70,000. A few of the biggest gainers were: Bonk (BONK), Shiba Inu (SHIB), Optimism (OP), Notcoin (NOT), and Pepe (PEPE).
Bitcoin and Altcoin Surge
CoinMarketCap data showed Bitcoin up by more than 1% in the past 24 hours and now trading around $66,000 with an 18.78% blip in trading volume. After a 4.93% surge in the past seven days, Bitcoin’s market cap is now $1.3 trillion; a 56.20% dominance.
Big Moves from OP, MKR, and More
OP skyrocketed 5.39% and is priced at $1.89 at the time of writing with a 19.01% jump in trading volume. Also, Maker (MKR) is up 4.43% to $1,707.78 while JasmyCoin (JASMY) surged 6.95% to $0.02495. Lido DAO rose 6.69% to $1.37 and Notcoin (NOT) is trading at $0.009595, up by 10.10% in the past 24 hours. Looking at AI-focused cryptos, Internet Computer (ICP) rose 4.67% to $9.92 while Render (RNDR) gained 3.77% to $6.66.
Meme Coins Rebound
Meme coins also demonstrated significant growth. Some of them, such as BONK, SHIB, FLOKI, and PEPE, showed massive gains, continuing to attract investor attention.
These movements underscore the ongoing volatility of the cryptocurrency market, where significant price changes in one asset can lead to similar effects on other coins.
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