6 crypto coins rising to 536% per day; Bitcoin, ether in green

Cryptocurrency Update: Cryptocurrency market cap surged for two consecutive days after a carnage last week. On Wednesday, January 26, the global crypto market traded in the green, a surprise to investors as all major coins rose significantly during the day. The market appeared to be stabilizing at this point, after falling continuously after the US Federal Reserve meeting, where it announced a rate hike to cushion inflation. However, despite the gains, market volumes remained low for the day as traders had already restricted themselves from delving into risky assets.

The cryptocurrency market cap was $1.70 trillion, according to data from global crypto tracking website CoinMarketCap. This was up 3.36 percent in the past 24 hours. However, global crypto volume dropped significantly over the past day as more traders held onto their coins. The total volume of coins traded over the past day was $85.96 billion. This is up 31.33 percent in the past 24 hours, according to data on the website.

Bitcoin prices saw a rise for two days in a row on the day, worth over $37,000 according to data. Last week, Bitcoin prices had hit a six-month low and fell to the $33,000 level. At the time of writing this article, Bitcoin prices stood at $37,863.07 according to CoinMarketCap. It was up 4.26 percent in the past 24 hours, but up 3.62 percent over the past seven days, according to the data.

Ether prices also rose significantly on the day. According to CoinMarketCap, the altcoin rose 4.62 percent in the past 24 hours to $2,528.19 on Jan. 26. However, according to data, Ether prices have fallen almost by more than 18 percent in the past seven days.

According to the market cap, the other top cryptos like Terra, Dogecoin, Avalanche, Shiba Inu, Binance and Polkadot have seen decent growth from the previous day.

NinjaFloki became the top winner in the crypto pack on Thursday. In the past 24 hours, the value of one coin has risen by 535.87 percent. One token cost $0.00003893, according to data from CoinMarketCap. Asgardian Areus and Thors Mead were the other two winners occupying the next top spots on the day.

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

NinjaFloki: $0.00003893 – an increase of 535.87 percent

Asgardian Aereus: $227.93 – an increase of 427.61 percent

Thors Mead: $0.003823 – an increase of 189.77 percent

Yield Hund: $0.00184 – an increase of 167.95 percent

Atlas DEX: $0.8107 – an increase of 155.70 percent

GokuMarket Credit: $0.1482 – an increase of 151.17 percent

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

MetaFinance: $4.96 – down 96.03 percent

Pmail: 0.00000007411$ – down 89.80 percent

Unite Finance: $0.2174 – down 89.13 percent

Metaverse Future: $0.0003497 – down 76.13 percent

Moneyrain Finance: $647.63 – down 73.12 percent

Eagle Token: $0.000000006028 – Down 69.86 percent

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