Top Crypto Gainers Today on DEXScreener – MOJO, ZUES, TUZKI
As major cryptocurrencies experience large price declines amid further Bitcoin selling by major market players, traders are turning to micro-cap on-chain markets as they hunt for top crypto gainers today.
Bitcoin hit lows in the mid-$53,000s on Friday, as the German government dumps coins.
Mt Gox wallet movements further contributed to the sell pressure.
BREAKING
Mt Gox moves 47,228 BTC ($2.71 billion dollars) from cold storage to a new wallet. pic.twitter.com/3ZdSlC1IX2
— Arkham (@ArkhamIntel) July 5, 2024
Repayments to the failed exchanges creditors begin this month and some fear much of this supply could be dumped on the market.
Struggling Bitcoin miners are also still thought to be unloading holdings as they adjust to lower post-halving rewards.
Bullish US jobs data, which helped solidify Fed rate cuts bets for later this year, failed to lift the mood.
Read more on cryptonews.com
