The market value of cryptocurrencies increased by $10 billion today to reach $2.795 trillion, driven by surges in both Bitcoin and Ethereum.
US 10-year Treasury yields trading near two-month lows have boosted non-yielding assets. Weak US economic data throughout the week has strengthened expectations of multiple Fed rate cuts in 2024.
Solana is experiencing a steady, gradual recovery, with its uptrend supported by the 50-day and 200-day moving averages, indicating potential strength in the market.
As of 10:00 AM, 3rd June 2024, on WazirX, Bitcoin’s current price is ₹5,655,114. Its price has increased by 1.10% in the last 24 hours.
Ethereum (ETH) is trading at ₹3,14,219, up by 0.04% in the last 24 hours.
The top gainers on WazirX include MyNeighbourAlice(ALICE), SmoothLovePotion (SLP), and Floki Inu (FLOKI), with price increases of 52.89%, 34.46%, and 14.39%, respectively.
However, the tokens that underperformed comprised Band Protocol (BAND), Pixel (PXL), and Lido DAO (LDO), with a price decrease of 13.29%, 7.89%, and 7.28%, respectively.
Shiba Inu (SHIB) saw a price increase of 1.32% and is now priced at ₹0.002097. Dogecoin (DOGE) saw an increase of 2.61% and is now priced at ₹12.96.
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