Bitcoin & Ethereum Retreat, Chainlink Rallies 13%
The cryptocurrency market saw a mixed bag of results today, with some of the top coins experiencing declines while others managed to hold steady or make gains. Bitcoin (BTC) remained above the $65,000 mark, while Ethereum (ETH) dropped below $3,000. Solana (SOL) and XRP both saw modest decreases in price, while Cardano (ADA) managed to gain ground.
In terms of specific prices, Bitcoin experienced a slight dip of 0.52%, trading at $65,499.97 with a market capitalization of $1.29 trillion. Ethereum saw a larger drop of 1.92%, reaching $2,949.67 with a market valuation of $354.32 billion. Solana held above $160 but saw a slight decrease, settling at $162.13. XRP fell below $0.52, trading at $0.5175. Cardano, on the other hand, rallied 1.11% to $0.4645.
Other notable movements included Dogecoin dropping 4.09% to $0.15 and Shiba Inu tumbling 2.94% to $0.00002436.
In terms of top gainers, Chainlink (LINK) surged 13.25% to $15.78, Immutable (IMX) soared 6.72% to $2.50, Arweave (AR) rallied 5.77% to $46.21, and Hedera (HBAR) rose 3.47% to $0.1136. On the flip side, top losers included Book Of Meme (BOME) slipping 9.45% to $0.01149, Stacks (STX) losing 8.16% to $1.97, Wormhole (W) slumping 5.25% to $0.5353, and Ethena (ENA) dipping 4.93% to $0.6919.
Overall, the market trend remained bearish, with some coins like Polygon (MATIC), Sui (SUI), and Fantom (FTM) seeing significant gains despite the overall downward trend. The Impact of Technology on Education
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