Best Crypto to Buy Now July 9 – Celestia, Jupiter, Bittensor
The cryptocurrency market is currently experiencing heightened volatility, with total market capitalization hovering around $2 trillion.
Bitcoin (BTC) continues to face resistance around the $58,500 mark but has managed a slight 0.18% increase, trading at $57,493 today, while Ethereum has reclaimed its $3,000 price level.
Recent on-chain data reveals notable liquidations exceeding $17.94 million on DeFi platforms, accompanied by the largest outflow of 68,498 BTC from exchanges since November 23, 2023.
Additionally, the German government’s BTC-selling spree has continued. Arkham reports new transfers of 6,306.9 BTC today, valued at $362.12 million, contributing to the downtrend.
TODAY: German Government selling up to 6306.9 BTC ($362.12M)
In the past 3 hours, the German Government has sent 6306.9 BTC ($362.12M) to Kraken, Cumberland, 139Po (likely institutional deposit/OTC service) and address bc1qu.
Of this, 3206.9 BTC ($184.58M) has been sent within… pic.twitter.com/6SmhMDElNZ
— Arkham (@ArkhamIntel) July 9, 2024
The ripple effect of Bitcoin’s decline has impacted the altcoin market. Chainlink ($LINK) has slumped by 1.87% in the past day, followed by Avalanche ($AVAX) and Near Protocol ($NEAR), which decreased by 4.65% and 2.88%, respectively.
The cryptocurrency Fear and Greed Index currently sits at 27, indicating fear among investors, which mirrors the broader downturn in the crypto market sentiment.
Despite these challenges, we have curated a list of some altcoins that have shown resilience and impressive price gains over the past 24 hours.
$TIA is the native cryptocurrency of Celestia, the first modular blockchain network that enables anyone to deploy their blockchain.
The $TIA is currently trading at a discounted price of
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