Bitcoin Clears $37,000 Mark; Synthetix Leads Gains in Crypto Market

Bitcoin (BTC/USD) saw a surge, breaking the $37,000 level as the market opened on Monday. This movement indicated a flourishing sentiment among cryptocurrency investors.

Ethereum (ETH/USD), another major cryptocurrency, mirrored Bitcoin's performance by trading above the crucial $2,000 threshold, showcasing a robust gain early in the day.

Synthetix (SNX/USD) stood out as the most significant gainer within the last 24 hours, while Celestia (CLS/USD) experienced the largest decline in the same period.

The overall cryptocurrency market capitalization increased to $1.42 trillion, marking a 2.2% growth over 24 hours. Specifically, Bitcoin was trading up by 1.4% at $37,153 and Ethereum was up by approximately 3.6%, reaching $2,021 on Monday.

Notable Gainers in the Crypto Market

Synthetix (SNX/USD) recorded a substantial 24-hour growth, with its price hitting $3.69, representing a 23.2% increase. Other notable gainers included:

NEAR Protocol (NEAR/USD) - Price: $2.14 with a 24-hour gain of 17.4%

Fetch.ai (FET/USD) - Price: $0.5677 with a 16.5% increase

Lido DAO (LDO/USD) - Price: $2.50 boasting a 9.8% rise

Gala (GALA/USD) - Price: $0.02562 with gains amounting to 9.4%

Top Losers in the Crypto Market

The Celestia token (CLS/USD) faced a downturn, priced at $6.74 and a 24-hour decrease of 5.3%. Others who followed the downtrend included:

Kaspa (KAS/USD) - Price: $0.1383 with a 3.7% drop

FTX Token (FTT/USD) - Price: $3.38 undergoing a 2.2% decline

XDC Network (XDC/USD) - Price: $0.05211 with a 2.1% drop

dYdX (ethDYDX/USD) - Price: $3.21, experiencing a slight drop of 0.7%

Bitcoin, Ethereum, Synthetix