Ahead of the weekend, the cryptocurrency market showed mixed performance today, with a global market cap sitting at approximately $3.29 trillion, with a 24-hour trading volume of $110 billion.
Although the Bitcoin (BTC) price saw a notable uptrend, the altcoin market is lagging behind with displaying decent price movements. Here are today’s top 3 gainers and losers on CoinMarketCap:
Top Crypto Gainers
DeXe (DEXE): +4.88%
DEXE token is leading today’s top gainers with a surge of 4.88% in the past 24 hours. Currently trading around $8.82, DEXE’s rally follows bullish market sentiment amid DeXe’s growing traction in the decentralized finance (DeFi) landscape.
Bitcoin Cash (BCH): +3.46%
BCH has climbed 3.46% to $497 today, likely following sudden spikes in Bitcoin price earlier today. It is continuing the bullish momentum after flipping key resistance at $420 into support, despite a brief pullback from $500 due to macro fears.
Nexo (NEXO): 2.5%
The NEXO token has surged 2.5% to $1.22, largely driven by steady investor interest in its lending and staking platform. While both institutional and retail crypto adoption are seeing new highs, Nexo is all set to ride the market on risk sentiment.
Top Crypto Losers
Sei (SEI): -12.33%
After a significant price rally of over 80% throughout the past week, the SEI price has dropped 12% today. This decline comes as SEI investors book profit and market volatility hits the altcoin. It is currently trading at $0.264 with a 24-hour trading volume of $530 million.
Curve DAO (CRV): -10.72%
Curve DAO’s CRV token has fallen 10.72% to $0.5045 today, reflecting weakened momentum in DeFi tokens amid market uncertainty. A broader downtrend is also a reason behind CRV’s decline in recent times.
Fartcoin (FARTCOIN): -9.81%
FARTCOIN has seen a steep 9.81% decline today, extending its bearish trend with a 26.77% weekly loss. The decline in this FARTCOIN signals a fading memecoin hype and poor liquidity at key support levels.
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