Biggest Crypto Gainers Today – Top List

In the current global crypto market trend, Bitcoin is making headlines. As the Bitcoin 2024 conference unfolds in Nashville, Bitcoin’s price has surged

Bitcoin price surged past $67,000 on Friday as the apex crypto remained in the spotlight at the Bitcoin 2024 conference in Nashville.

The price of BTC rose from around $65,000 on Thursday evening, continuing a rally that began earlier this week.

Bitcoin price hovered around $66,500 at last check on Friday morning, up 3.1% over the past 24 hours.

The world’s largest cryptocurrency by market capitalization had risen 12.3% over the past seven days.

Bitcoin price soared to record highs of over $73,000 in March before pulling back amid broader weakness in crypto markets and the wider economy.

The Federal Reserve began raising interest rates in a bid to curb inflation, which had reached 40-year highs.

However, BTC recovered strongly in the second half of 2024, largely driven by institutional interest and the launch of spot Bitcoin exchange-traded funds (ETFs).

Fresh data showed that a net $31.1 million flowed into spot Bitcoin ETFs on Thursday, bringing total inflows into the funds to $2.1 billion since their launch in December.

Meanwhile, Jersey City Mayor Steven Fulop announced a 2% pension fund allocation to Bitcoin ETFs, a move that could pave the way for other municipalities to follow suit.

Moreover, Michigan’s $6.6 million investment in the ARK 21Shares Bitcoin ETF highlighted growing institutional interest in crypto.

Among other developments, several crypto mining stocks soared on Friday morning amid a broader market rally and institutional interest in digital assets.

Riot Platforms (NASDAQ:RIOT) and Marathon Digital (NASDAQ:MARA) both surged over 10%, while Coinbase (NASDAQ:COIN) rose around 5%.

The price of ether, the native token of the Ethereum blockchain, rose 1.3% over the past 24 hours to trade at $4,830 at last check on Friday morning.

Among other top cryptocurrencies, XRP price rose 1.2%, while dogecoin and shiba inu both surged over 4%.

Here are the biggest crypto gainers today, according to CoinMarketCap:

Conflux (CFX) price rose 18.71% to $0.82.

Band Protocol (BAND) price increased 13.91% to $9.27.

eCash (XEC) price climbed 10.84% to $0.00007700.

JasmyCoin (JASMY) price surged 7.38% to $0.29.

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