The cryptocurrency market is experiencing a wave of optimism as it enters the Asian trading hours. The total market capitalization has risen by 1.06% over the last 24 hours, reaching a substantial $3.58 trillion. Trading activity has also seen a remarkable increase, with daily volumes surging by 39.66% to $127.33 billion. This positive trend is reflected in the Fear & Greed Index, which currently stands at 66, indicating a growing sense of “Greed” among investors.
Bitcoin Price Today Surges Above $100k!
Bitcoin, the leading cryptocurrency, has made significant strides, with its price climbing by 2% from the previous day to reach $101,722.53. This upward momentum is largely attributed to robust institutional support, propelling the BTC price from a 24-hour low of $98,713.65 to a peak of $102,712.49. Consequently, Bitcoin’s market capitalization has increased by 2.05%, now standing at $2.01 trillion. The trading volume has also seen an impressive rise of 89.17%, reaching $49.57 billion. Curious about Bitcoin’s future? Explore our detailed Bitcoin Price Prediction for 2025, 2026-2030.
Do Altcoins Resist Bitcoin’s Movement?
While Bitcoin continues to surge, not all altcoins are following suit. Ethereum, the second-largest cryptocurrency, faced some resistance, with its price dipping by 0.66% to $3,669.87. Solana and XRP showed minimal changes; SOL decreased by 0.18% to $216.23, while XRP inched up by 0.17% to $2.42. For those interested in Ethereum’s potential trajectory, our Ethereum Price Prediction for 2025, 2026-2030 offers valuable insights.
Top Gainers & Losers
Today’s standout performers include Worldcoin (WLD), which saw a remarkable increase of 5.80%, reaching $2.57. Render Token (RNDR) and BitTorrent (BTT) followed closely, with gains of 5.14% and 5.07%, respectively. On the flip side, FARTCOIN experienced a significant drop, falling by 15.88% to $1.15, while ENA and VIRTUAL also faced declines, slipping by 8.01% and 7.62%.
FAQs
1. How much is the global cryptocurrency market worth today?
The global cryptocurrency market cap is currently valued at $3.58 trillion, reflecting a 1.06% increase over the past 24 hours.
2. Which tokens performed best today?
The top-performing tokens today are Worldcoin (WLD) with a 5.80% rise, Render Token (RNDR) with a 5.14% increase, and BitTorrent (BTT) with a gain of 5.07%.
3. What is the current sentiment in the cryptocurrency market?
The market sentiment is optimistic, with the Fear & Greed Index at 66, indicating a “Greed” sentiment among investors.
