CryptosOnline.com Cryptocurrency Market Update: Monday, February 12, 2024

Cryptocurrency Market Update

Market Cap: $1,880.59 B | 24h Vol: $53.32 B | BTC Dominance: 50.02%

As the week commences, the cryptocurrency market displays subtle yet notable shifts. From yesterday’s market cap of $1,892.13 billion, today marks a slight decrease to $1,880.59 billion. However, the 24-hour volume shows a marginal uptick from $53.77 billion to $53.32 billion. Bitcoin (BTC) continues to assert its dominance in the market, now crossing the 50% threshold to reach 50.02%, a modest increase from yesterday’s 49.85%.

Noteworthy Movers:

1. Immutable (IMX)

  • Price: $2.91
  • Change: +7.87%

Immutable presents a robust performance with a 7.87% surge. Known for its scalability and eco-friendly approach, Immutable stands out in the NFT and gaming sectors.

2. Cosmos Hub (ATOM)

  • Price: $9.55
  • Change: -5.49%

Despite its innovative interoperability solutions, Cosmos Hub experiences a 5.49% decline. This dip may reflect market reactions to recent network updates or external economic factors.

3. Dymension (DYM)

  • Price: $7.08
  • Change: -7.74%

Dymension, recognized for its innovative multi-chain platform, sees a drop of 7.74%. This could be attributed to market corrections or investor sentiment towards its technological advancements.

4. Bonk (BONK)

  • Price: $0.00001203
  • Change: -9.00%

Bonk, a newer entrant in the meme coin arena, faces a 9.00% decline. Its volatile nature is characteristic of such assets, reflecting broader market trends or specific community-driven events.

5. Manta Network (MANTA)

  • Price: $2.73
  • Change: -8.18%

Manta Network, focusing on privacy and anonymity in DeFi, dips by 8.18%. This movement might be a reaction to the overall market climate or specific updates within the Manta ecosystem.

Market Overview

As we step into the new week, the crypto market presents a mixed bag of trends. The marginal drop in the overall market cap juxtaposed with Bitcoin’s increased dominance suggests a cautious yet vigilant market sentiment.

We Want to Hear from You

Are we gearing up for an upward trajectory, or are these fluctuations mere reflections of a short-term pump? Is your outlook bullish or bearish at this juncture? Share your thoughts in the comments below. Engage with us through likes and shares, and don’t forget to check out more insights on CryptosOnline.com.

Join the Discussion

  • Hashtags: #Cryptocurrency #MarketUpdate #Bitcoin #IMX #ATOM #DYM #BONK #MANTA
  • Ticker Symbols: $BTC, $IMX, $ATOM, $DYM, $BONK, $MANTA

Disclaimer

This content is for informational purposes only and should not be construed as financial advice.


Stay updated, stay informed, and let’s navigate the crypto landscape together.


Visit CryptosOnline.com

Related articles

CryptosOnline.com Cryptocurrency Market Update: Monday, January 8, 2024

Market Overview: Market Cap: $1,745.54 Billion (↑ from yesterday) 24h Vol: $122.28 Billion (Strong increase) BTC Dominance: 50.35% […]

Learn More

Understanding Optimism (OP): The Ethereum L2 Revolution

  Optimism (OP) Cryptocurrency enthusiasts and blockchain technology aficionados, welcome to another insightful post at CryptosOnline.com. Today, we’re […]

Learn More

CryptosOnline.com Cryptocurrency Market Update: 01/21/2024

  Cryptocurrency Market Update: Today is Sunday, January 21, 2024. Market Cap: $1,728.95 B 24h Vol: $34.42 B […]

Learn More