š Market Overview
Bitcoin ($BTC ): Currently trading around $108,800, Bitcoin is consolidating as traders await breakout signals.
Ethereum ($ETH ): Holding steady near $1,813, Ethereum has seen a minor dip of around 1%. Notably, average gas fees have dropped to approximately 0.563 gwei, making transactions more affordable following the successful Dencun upgrade.
Global Market Cap: The total cryptocurrency market capitalization has dipped to $3.44 trillion.
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š Top Gainers (24h)
JasmyCoin (JASMY): Up by 31.81%, now trading at $0.02862.
Ethereum Name Service (ENS): Increased by 16.01%, priced at $27.29.
Synthetix ($SNX ): Rose by 12.97%, currently at $3.28.
Pepe (PEPE): Gained 12.75%, trading at $0.00001667.
Aave (AAVE): Up by 8.40%, now at $113.21.
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š Top Losers (24h)
Core (CORE): Decreased by 6.54%, priced at $2.06.
Ondo (ONDO): Down by 6.01%, now at $1.23.
NEAR Protocol (NEAR): Dropped by 3.54%, trading at $7.87.
dogwifhat (WIF): Fell by 3.08%, currently at $3.03.
Chainlink (LINK): Down by 2.81%, priced at $17.17.
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š Notable Developments
Ethereum's Pectra Upgrade: The recent activation of Ethereum's Pectra upgrade has sparked investor optimism, marking a pivotal moment for the blockchain since the Merge.
Quantum Computing Concerns: A new research paper from a Google researcher indicates that quantum computing could break Bitcoin-like encryption far easier than initially thought, raising security concerns.
Thailand's Crypto Adoption: Thailand is preparing to allow tourists to spend cryptocurrency via credit card-linked platforms, as part of a broader strategy to modernize its financial sector and attract crypto-savvy travelers.
