Crypto Market Overview
The cryptocurrency market has experienced a modest increase over the past 12 hours, with a 0.90% rise bringing the total market capitalization to $3.08 trillion. Meanwhile, trading volume has surged by 32.43%, reaching an impressive $198.5 billion. Despite the market’s sideways trend, investor sentiments remain exceptionally positive, as evidenced by the Fear & Greed Index standing at 83, indicating a phase of “Extreme Greed” among traders and investors.
Bitcoin Holds Above $91k, BTC Dominance Stays Strong
Bitcoin’s price has experienced a slight dip of 0.58%, now priced at $90,562.61. In spite of this minor setback, Bitcoin’s market capitalization remains robust at $1.81 trillion, maintaining its dominance in the crypto space. These figures reflect the cautious optimism of investors and traders, who are closely monitoring potential regulatory changes and global economic trends. Curious about Bitcoin’s future prospects? Our in-depth Bitcoin Price Prediction might offer the insights you need.
Altcoin Watch: Mixed Performance for ETH, SOL, XRP
Ethereum has demonstrated resilience, posting a 0.91% increase to $3,132.48, signaling strong interest among traders. Conversely, Solana experienced a 1.23% decline to $239.86, indicating some volatility amid broader market fluctuations. XRP also struggled, dropping by 2.32% to $1.11, which may suggest profit-taking following recent rallies. For a deeper understanding of Ethereum’s potential trajectory, explore our Ethereum Price Prediction.
Top Gainers & Losers of the Day
Among the top 100 cryptocurrencies, Hedera has emerged as the leader, surging by 41.43% to $0.151, fueled by ongoing ecosystem advancements. Tezos (XTZ) follows closely, climbing by 30.50% to $1.08, driven by recent collaborations and platform enhancements. Akash Network (AKT) completes the list of top gainers, rising by 23.24% to $4.12 amid increasing interest in decentralized cloud solutions. On the downside, PNUT led the decliners, falling by 12.41% to $1.54. GOAT and MANTRA also faced declines, dropping 11.42% and 10.69% respectively, potentially due to market corrections after previous gains. Stay tuned for daily updates to stay informed about the dynamic crypto landscape.
FAQs
What is the price of Bitcoin today?
Currently, Bitcoin (BTC) is trading at $91,547.83.
What is the all-time high (ATH) for Bitcoin?
Bitcoin’s all-time high (ATH) is $93,434.36.
How much is 1 Ethereum right now?
As of now, 1 Ethereum (ETH) token is priced at $3,132.48.
