$BTC $ETH $SOL Crypto Market Today:
Bitcoin Records Minor Gains, Most Altcoins Reflect Profits.#GME #ETFvsBTC
The crypto chart reflected more gains than price dips on Friday, May 10. Bitcoin recorded a minor price hike of 2.03 percent to trade at $66,115 (roughly Rs. 55.2 lakh) on Indian exchanges like CoinSwitch. On international exchanges, meanwhile, the asset is trading at a slightly lower price point of $62,879 (roughly Rs. 52.5 lakh). In the last few days, Bitcoin has retained its value in the same bracket. Market analysts have pointed out that technical indicators like the RSI suggest a potential dip back to $60,000 (roughly Rs. 50 lakh) for BTC in the coming days.#BinanceLaunchpool #Memecoins
Most of the popular cryptocurrencies recorded profits on Thursday. These include Binance Coin, Solana, Dogecoin, Cardano, Shiba Inu, Avalanche, Tron, and Polkadot.
“In the meme coin universe, DOGE (+2.5 percent) was the outlier. Additionally, VanEck's MarketVector has launched a new memecoin index, tracking the largest meme coins including DOGE, SHIB, FLOKI, WIF, and BONK. The index is up 195 percent on a yearly basis,” Chaturvedi added as part of his analysis.The overall crypto market valuation has risen by 2.24 percent in the last 24 hours. At the time ofwriting, the sector valuation stood at $2.33 trillion (roughly Rs.1,94,54,160 crore) as per CoinMarketCap.