24 Hrs Crypto Update, Apr 07: Bitcoin Dips 0.54%, Ethereum Down 1.01%
- Despite the plummeting US dollar index (DXY), both Bitcoin and Ethereum prices have remained under pressure, Twitter recently made the decision to replace its iconic 'Doge' logo with the original blue-bird icon. As a result, DOGE has suffered a significant loss in the market
- In the past 24 hours, the market value of several prominent cryptocurrencies, such as BTC, ETH, and DOGE, has undergone a substantial decline
Thailand's Opposition Party Proposes Crypto Token
BENCHMARK
| Indices | LTP | Change (%) |
|---|---|---|
| BITCOIN | $27916 | 0.54% |
| ETHEREUM | $1860 | 1.01% |
CRPTO STATS(24H)
| Indices | VALUE | Change (%) |
|---|---|---|
| MARKET CAP | $1.23 T | 0.10% |
| TRADING VOLUME | $36.00 B | 15.29% |
TOP 5 GAINER
| Indices | LTP | Change (%) |
|---|---|---|
| OG Fan Token | $7.79 | 169.71% |
| SINOVATE | $0.00056 | 99.08% |
| Bread/td> | $0.0062 | 70.56% |
| Origin Sport | $0.000012 | 52.24% |
| Vires Finance | $2.06 | 48.64% |
TOP 5 LOSER
| Indices | LTP | Change (%) |
|---|---|---|
| Zombie Inu(OLD)/td> | $0.000000000024 | 84.18% |
| Poolz Finance(OLD) | $0.073 | 51.15% |
| LITEX | $0.000072 | 49.57% |
| Asian Fintech | $0.00099 | 43.83 |
| SCOneX | $0.0031 | 36.35% |
Over the past 24 hours, the overall volume of the
cryptocurrency market has decreased by 15.29%.
Both Bitcoin and Ethereum experienced some pressure during Friday's session, following the release of the Nonfarm Payrolls (NFP) report. Interestingly, Dogecoin (DOGE) was the most trending cryptocurrency, yet it also suffered the greatest losses. On the other hand, Enjin Coin emerged as the top gainer.
Major Events Around the World
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The ongoing legal dispute between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) is currently awaiting a Summary Judgment from the district court. However, an attorney involved in the case has suggested the possibility of a tie scenario. This development adds further complexity to the already protracted legal battle.
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A surprising development has emerged that could potentially disrupt the crypto market in the coming months. Leaders of Thailand's opposition party have made a bold and innovative election promise to distribute crypto tokens. This promise comes in response to the country's struggling economic situation. Recent reports indicate that the opposition party is proposing to distribute $15 billion in cash through blockchain-based digital wallets. The aim of this move is to revitalise the economy and combat the country's mounting debt.
The decentralized layer-2 blockchain gaming platform, Myria, is preparing to launch its native MYRIA token on the OKX exchange. This Ethereum-based platform has announced a token generation event (TGE) for MYRIA, along with a generous 45 million MYRIA Airdrop. Additionally, MYRIA has exciting plans to be listed on several other exchanges, including Kucoin, in addition to OKX. Myria's innovative platform offers a unique gaming experience that is powered by blockchain technology. With the launch of the MYRIA token, users will have access to a range of exciting features and benefits, including enhanced security, faster transaction times, and reduced fees.
COIN GABBAR Views: After the release of the Nonfarm Payrolls (NFP) report, the market is still trading within a range. In light of this uncertain economic climate, investors are seeking guidance on which cryptocurrencies are the most promising investments at this time. Do you have any insights to offer? We are committed to keeping you informed with the latest updates and information on this rapidly evolving situation. Please stay tuned with us www.coingabbar.com
Also read: Swiss Bank Postfinance Partners with Sygnum for Crypto Services | Gabbar News
Disclaimer: Crypto is not regulated and can offer considerable risks. There may be no regulatory remedies available in the event of any losses resulting from price analysis. As a result, before engaging in any transactions involving crypto products, each investor must perform in-depth examination or seek independent advice.
