The major cryptocurrencies displayed a mixed performance on Thursday evening. While the world’s largest cryptocurrency Bitcoin appeared to be correcting, altcoins were surging ahead.
What Happened: Bitcoin’s rally came to a brief pause on Thursday as it dipped to $43,000 after reaching a high of nearly $45,000 earlier this week. This slight decline suggests that traders may have chosen to take some profits following the cryptocurrency’s significant surge from $38,000 just a week ago.
ETH, on the other hand, surged by 5% during the same time frame, marking its highest price point since May 2022.
In other news, Montenegro’s chief legal officer has announced their intentions to extradite Do Kwon to the United States, thus bypassing South Korea. This update comes as reported by The Wall Street Journal, citing sources familiar with the matter.
Top Gainer (24 Hour)
Cryptocurrency Gains +/- Price (Recorded 9:30 p.m. EDT) Bonk +78.55% $0.00001001 Optimism +71.20% $2.16 Gnosis +16.25% $227.27
The global crypto market cap has reached $1.58 trillion, marking a 1.26% decrease in the last 24 hours.
Stocks rallied on Thursday, breaking three-day losing streaks for both the Dow Jones Industrial Average and the S&P 500, as investors eagerly awaited Friday’s crucial jobs report. The S&P 500 rose by 0.80% to reach 4,585.59, ...