Quant (QNT) and Beam (BEAM) Emerge as Top Gainers Amid Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) Price Fluctuations

As the prices of Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) fluctuate, two popular altcoins—Quant (QNT) and Beam (BEAM)—have emerged as the top gainers.

Two altcoins—Quant (QNT) and Beam (BEAM)—stood out as the top gainers on Monday as the prices of Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) experienced slight variations.

Meanwhile, the global crypto market cap increased marginally by 0.15% to reach $2.04 trillion, although the trading volume dropped by 15%, settling at $61.35 billion.

Here's a closer look at the price movements of the major cryptos and the market trends.

Bitcoin and Ethereum Price Volatility

Bitcoin was trading at $57,893 today, observing a 0.76% decrease over the last 24 hours. The daily low and high for Bitcoin were $57,354 and $58,534, respectively.

Despite an ETF inflow of $39.02 million, Bitcoin displayed choppy market behavior. Additionally, Bitcoin’s market dominance fell slightly by 0.03% to 56.18%.

Ethereum, on the other hand, saw a modest decline, trading at $2,359, with a 0.39% daily drop. Its daily low and high were $2,316 and $2,379. Investors also noted a $20.14 million outflow from Ethereum ETFs, contributing to market uncertainty and heightened volatility.

Solana and XRP Price Movements

Solana witnessed nearly a 1% loss, trading at $134. The daily range for Solana was $133.53 to $136.61, and its market cap decreased to $63.03 billion.

However, despite the broader market decline, XRP stood out with a 4.5% increase, trading at $0.5616. XRP’s daily low and high were recorded at $0.5355 and $0.5809. Its market cap reached $31.66 billion, grabbing the attention of investors.

Top Gaining Altcoins: Quant and Beam

Defying the negative market trend, Quant surged by 9%, reaching $77.27. Quant’s daily low was $70.41, while its high was $77.88. Quant became a lucrative option for investors seeking gains amidst the broader market decline.

Beam also gained 7%, trading at $0.0144. The lowest and highest prices for Beam were $0.01343 and $0.01454, respectively. Beam, together with Quant, emerged as one of the altcoins offering positive returns, injecting a dose of optimism into an otherwise bearish market.

Declining Altcoins: Aave, Helium, and THORChain

Among the day’s biggest losers, Aave dropped 6%, falling to $143. Aave’s daily range was $142.12 to $151.38. Similarly, Helium declined by 4%, trading at $7.71.

THORChain also experienced a 3% dip, with prices dropping to $3.88. Its lowest and highest points of the day were $3.81 and $4.07. These fluctuations in the crypto market continue to raise concerns among investors. As Deythere has highlighted, during times of heightened altcoin volatility, investors should remain cautious about the market’s direction.

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