Crypto Market Today 05 April 2024

Data based on crypto asset market prices on Bittime.com on 05 April 2024, 12.00 WIB

Today's Bitcoin price fell 3.53 percent over the last 24 hours making it trade at the level of IDR 1,086 T.

The majority of the crypto market today is moving into the green zone. ETH was observed to experience a decline of 0.34 percent over the last 24 hours, bringing its price to IDR 52,844 million. 

The next crypto, SOL fell 1.13 percent throughout the day so that the price was at the level of IDR 2,923 million. Meanwhile BNB, up 3.81 percent, traded at IDR 9,279 million.

Overall, today's Crypto Fear and Greed Index based on the Alternative.me page shows 79. This is a sign that the market is still in the extreme greed phase or is very optimistic about the current economic conditions and crypto industry. 

Source: Cryptorank

Cuan coins that experienced the best performance and significant price increases on Bittime:

1. PENDLE up 25.52%
2. PORK rose 21.27%
3. ATA up 20.51%
4. HIFI rose 12.87%
5. BCH up 9.96%

The following is a detailed explanation of each cuan coin today. 

1. Pendle (PENDLE)

• Increase percentage: 25.52%
• Sectors: Olympus Pro Ecosystem, Restaking, Spartan Group,  
• Market Capitalization: IDR 23.21 T
• Market : PENDLE/IDR

Pendle (PENDLE) is a DeFi protocol focused on the tokenization and cash flow trading of assets in the DeFi ecosystem. Pendle allows users to optimize their earnings by separating cash flows from assets such as staked tokens or yield farming rewards, and trading them separately. 

With Pendle, users can tokenize their cash flows and trade them on secondary markets, opening up new potential for liquidity and flexibility in the DeFi ecosystem.

Source: Bittime.com

Check today's PENDLE/IDR price chart and the entire crypto market in real-time on Bittime.

2. PepeFork (PORK)

• Increase percentage: 21.27%
• Sectors: Memes, Ethereum Ecosystem,   
• Market Capitalization: IDR 2.04 T
• Market : PORK/IDR

PepeFork (PORK) is a cryptocurrency that emerged as part of the meme phenomenon in the crypto world. Based on blockchain technology, PORK was built with the aim of introducing strong entertainment and community elements into the crypto ecosystem. 

By leveraging gamification and meme elements, the project seeks to attract new users and expand the scope of crypto adoption, while maintaining the basic features of security and underlying functionality of blockchain technology.

Source: Bittime.com

Check today's PORK/IDR price chart and the crypto market as a whole in real-time on Bittime.

3. Automata Network (ATA)

• Increase percentage: 20.51%
• Sectors: Polkadot Ecosystem, BNB Chain, Binance Launchpool,    
• Market Capitalization: IDR 61.63 T
• Market: ATA/IDR

Automata Network (ATA) is a crypto protocol that aims to empower Web3 infrastructure by providing the necessary privacy, scale, and interoperability. With a focus on data privacy and security, ATA enables users to trade their digital assets securely and anonymously, while also providing a scalable solution for blockchain applications that require high throughput. 

By leveraging Zero-Knowledge Proof (ZKP) technology and sharding, Automata Network seeks to build bridges between different blockchains and improve security and privacy within the Web3 ecosystem as a whole.

Source: Bittime.com

Check today's  ATA/IDR price chart and the crypto market as a whole in real-time on Bittime.

4. Hifi Finance (HIFI)

• Increase percentage: 6.23%
• Sectors: Real Estate, DAO, DeFi, 
• Market Capitalization: IDR 2.16 T
• Market: HIFI/IDR

Hifi Finance (HIFI) is a decentralized finance (DeFi) protocol that aims to facilitate cross-chain lending and borrowing by leveraging blockchain technology. Through HIFI, users can access various financial services such as asset exchange, staking and lending at low costs and without intermediaries. 

The protocol focuses on increasing liquidity and accessibility for users, while also providing a high level of security through an automated smart contract system. 

With a focus on interoperability and scalability, HIFI aims to be a comprehensive solution in the DeFi ecosystem, enabling users to optimize portfolios and benefit from a variety of decentralized financial services.

Source: Bittime.com

Check today's  HIFI/IDR price chart and the crypto market as a whole in real-time on Bittime.

5. Bitcoin Cash (BCH)

• Increase percentage: 9.96%%
• Sectors: PoW, Mineacle, SHA-256
• Market Capitalization: IDR 215.83 T
• Market: BCH/IDR

Bitcoin Cash (BCH) is a cryptocurrency that was the result of the hard fork of Bitcoin in 2017. BCH was created with the aim of increasing the scale and speed of Bitcoin transactions by expanding the block size to 8MB, allowing the network to process more transactions at a time. 

Additionally, BCH also offers lower transaction fees compared to Bitcoin, making it more suitable for everyday use and microtransactions. 

Although BCH has different technical aspects than Bitcoin, it still maintains the basic principles of cryptocurrency, such as decentralization and security, as well as the goal of being a widely usable form of digital money.

Source: Bittime.com

Check today's BCH/IDR price chart and the entire crypto market in real-time on Bittime. 

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DISCLAIMER : This article is informational in nature and is not advice, recommendation, offer or invitation to sell or buy any crypto assets. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices can change significantly from time to time. Bittime is not responsible for changes in exchange rates or crypto asset prices.