Today's market session is another slow one with BTC and ETH failing to dominate as Kaspa rallies ahead of its network liquid mining integration.
As of press time, the worldwide market cap was resting at $1.2T, having recorded a fall of 1.2%, suggesting increasing bull activity in attempting to take the market back on attribution to yesterday’s 5% decline in the global cap. Today’s market session looks to be a continuation of yesterday’s bad market.
The king of cryptocurrencies, Bitcoin, is now 1.9% down for the day, and the trading volume of the asset has also declined by 19% as the commodity continues to trade at the level of $28,000.
The MACD indicator depicts the level of uncertainty between bulls and bears as the asset seeks to cross over to the green side. Additionally, according to trading view charts, the volatility in the market seems to be decreasing as the Bollinger bands move closer to each other.
BTC 1-day chart | Source: TradingView
Ethereum, too, seems to be in for a sluggish day, as it had recorded losses of close to 0.5 percent during the same time. The asset is now trading in the vicinity of the $1.9K mark, and it is attempting to surge over $2K once again.
How are altcoins doing?
Ripple, Cardano, Solana, Polygon, and Polkadot all reported drops of less than 55 while Doge recorded a fall of 5.8% for the week, demonstrating the consequences of the ongoing bear market. Other cryptocurrencies have also been on for a sluggish day.
However, despite the bad market session for bulls, KAS bulls seem to have gripped hold of their network with the asset gaining over 7% within 24 hours, as the asset traded at $0.025 at press time.
KAS 1-day chart | Source: CoinMarketCap
The asset’s market cap has also increased by over 7% as the trading volume went down by a notable 9% within the same period. However, Kapsa’s surge can be attributed to a new integration on their network.
Liquid Mining, a cutting-edge crypto mobile application, has integrated the Kaspa protocol into its cloud mining app, making mining more accessible and convenient for users worldwide. Liquid Mining allows users to dive into the complex process of mining coins without requiring their own computing power or software configuration skills. This integration is built on the principles of Web 3.0 and prioritizes transparency for its users.
To start earning cryptocurrency with Liquid Mining, users need to register on the marketplace and purchase a minimal set of components for their mining system, consisting of a video card, an installation fee, and energy. After that, users can buy different mining components, each available as separate utility NFTs, and receive bonuses for assembling complete sets.
Liquid Mining ensures adequate power for mining through its numerous data centers worldwide, equipped with state-of-the-art technology and comprehensive security measures. Additionally, the platform is offering a limited-time opportunity to win a Liquid Plus Container and expand mining capabilities.
By integrating the Kaspa protocol, Liquid Mining has made Kaspa mining more accessible and convenient, offering a unique opportunity for users to immerse themselves in the world of cryptocurrency mining without technical setup. Join Liquid Mining today and create your own unique mining farm within the app.