It\u2019s been a relatively calm 24 hours in the cryptocurrency market, with the majority of coins failing to gain any notable grounds. The opposite is also true \u2013 most of the altcoins trade in a state of equilibrium.<\/p>\n
While this might oftentimes turn out to be a precursor to a considerable move in either direction, let\u2019s have a closer look at how prices developed in the last day.<\/p>\n
Bitcoin Price Solidifes at $61K<\/h2>\n
The BTC price was consolidating around $60K yesterday, but the bulls managed to gain some footing and pushed it above $61K to where it currently trades at around $61,400.<\/p>\n
With this, Bitcoin manages to chart an increase of around 0.8% on the day. The volume remains low, but this is within the expected norms for the weekend.<\/p>\n Bitcoin\u2019s dominance \u2013 the metric that gauges its share relative to that of the rest of the market \u2013 is currently at 50.8%, while ETH accounts for around 17% of the total market.<\/p>\n The majority of large-cap altcoins have traded mostly flat for the past 24 hours. TON is charting gains of around 2%, fueled by a considerable increase in the total value locked in the protocol.<\/p>\n Elsewhere, and perhaps where it\u2019s getting a bit more interesting, cat-themed meme coins surged today. The entire category increased by more than 6%, according to data from CoinGecko.<\/p>\n What is more, these specific meme coins have increased by a whopping 43% over the past week. Some notable mentions include Mog Coin (MOG) and Popcat (POPCAT).<\/p>\n All in all, the market remains in a neutral state, with the sentiment improving considerably since yesterday, according to the popular Crypto Fear and Greed Index.<\/p>\n LIMITED OFFER 2024 at BYDFi Exchange: Up to $2,888 welcome reward, use this link<\/a> to register and open a 100 USDT-M position for free!<\/b><\/p>\n Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk. See Disclaimer for more information.<\/span><\/span><\/p>\n<\/div>\nAltcoins Calm, Some Meme Coins Trend<\/h2>\n
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