Top Crypto Gainers Today Aug 30 – Flow, Kaspa, KuCoin Token, MultiversX
As August comes to a close, Bitcoin (BTC-USD) has underperformed traditional assets, with an 8% drop this month. This decline is fueled by shrinking liquidity and concerns over potential sell-offs from government-held Bitcoin stockpiles. These stockpiles could add up to a $33 billion supply overhang. Notably, the US, China, the UK, and Ukraine hold significant amounts of Bitcoin, with the defunct Mt. Gox exchange also having a substantial amount to distribute. Despite net inflows into US spot-Bitcoin ETFs and expectations of Federal Reserve policy easing, Bitcoin’s performance has struggled, reflecting the broader market’s uncertainty. Biggest Crypto Gainers Today – Top List As the crypto market continues to navigate its twists and turns, a few standout tokens have risen to the top today. With solid performance and unique value propositions, Flow, Kaspa, KuCoin Token, and MultiversX have caught the eye of investors. Let’s examine today’s to...