Bitcoin Holds Steady as Crypto Market Cap Hits $2.24 Trillion Amid Hack and Losses
Bitcoin's price held steady near $63,462 over the past 24 hours, marking a slight increase of 0.5%. The total crypto market capitalization rose to $2.24 trillion but dropped by 0.4% in the same period.
Jane Street suffered its first monthly loss since 2016 in July, losing a staggering $15 billion.
The crypto broker Bits of Gold was hacked, exposing 200,000 customers' information to potential risks.
Other notable price movements saw Ethereum trading near $1,901, XRP hovering around $1.00, and Solana reaching $75.47. Hyperliquid's HYPE token experienced a significant gain, increasing by 3.5% to $58.86.
Trending searches were led by Portal, which surged 72.5%, followed closely by Pudgy Penguins and Uniswap. Chinese-language meme token Niu Lai made headlines with an impressive jump of 135.8% after briefly topping a $40 million market capitalization.