6 cryptocurrencies rise up to 746% in one day; Check price list

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Cryptocurrency Update: The global cryptocurrency market has been slowly stabilizing over the past few days, with several major cryptocurrencies showing a surprising comeback after suffering losses for many consecutive sessions. On Saturday, January 29, the global crypto market was trading green, to the surprise of investors, as all major coins rose significantly during the day. The market appeared to be stabilizing at this point, having steadily fallen following the US Federal Reserve meeting, where it signaled an interest rate hike to deal with inflation.

The market capitalization of the cryptocurrency stood at $1.72 trillion, according to data from global crypto-tracking website CoinMarketCap. This has increased by 4.22% in the past 24 hours. Global crypto volume, however, dropped significantly over the past day as more traders held their coins. The total volume of coins traded stood at $39.37 billion in the last day. That’s dropped 54.80% in the past 24 hours, according to website data.

Bitcoin prices recorded a gain for four straight days in the day, with its value approaching the $38,000 mark according to the data. Bitcoin prices hit a six-month low last week, falling to the $33,000 level earlier last week. At the time of writing, Bitcoin prices stood at $37,720.05 according to CoinMarketCap. That’s up 3.21% in the past 24 hours and 5.59% in the past seven days according to the data.

“Right now, we’re seeing a phenomenon called rotation where Bitcoin changes hands from retail investors to institutional investors. Ledger analysis shows that over 34% of retail investors have sold to large Bitcoin holders. We believe that the fall will continue, then we will see a gradual but volatile rise to $75,000, said Suman Banerjee, CIO of Hednova.

Ether prices also rose significantly on the day. The altcoin climbed 7.15% in the past 24 hours to hit $2,553.70 on Jan. 29, according to CoinMarketCap.

BEAGLE INU became the top crypto pack winner on Thursday. In the last 24 hours, the value of a coin has increased by 745.72%. One token was priced at $0.0000455, according to data from CoinMarketCap. Predictcoin and EVERY GAME were the other two winners that held the next top spots of the day.

Top 6 Cryptocurrency Gainers in the Last 24 Hours (According to Data from CoinMarketCap)

Beagle INU: $0.0000455 – up 745.72%

Predictcoin: $5.84 – up 493.51%

EVERY PLAY: $0.01099 – up 299.41%

Metaverse DAO: $0.001692 – up 216.16%

Orakler: $0.154 – up 132.93%

MiniTesla: $0.000000000006718 – up 99.13%

Top 6 cryptocurrency losers in the last 24 hours (according to data from CoinMarketCap)

Farm Finance: $0.0002911 – down 99.31%

CrazyMiner: $0.000991 – down 95.97%

Mello token: $0.0004002 – down 92.86%

BitBall: $0.001301 – down 68.69%

Bitcoin God: $2.42 – down 61.53%

Infinite Ecosystem: $145.95 – down 59.66%

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