The cryptocurrency market has witnessed a subtle increase over the past 12 hours, marking a 0.90% rise that has propelled the market cap to $3.08 trillion. During this period, trading volume experienced a surge of 32.43%, reaching a substantial $198.5 billion. Although the market shows a sideways trend, investor sentiment remains remarkably optimistic with the Fear & Greed Index positioned at 83, indicating “Extreme Greed” among market participants.
Bitcoin Holds Strong Above $91k as BTC Dominance Persists
Bitcoin has seen a slight decrease of 0.58%, settling at $90,562.61. Despite this minor pullback, Bitcoin’s market capitalization still stands robustly at $1.81 trillion. The dominance of Bitcoin continues to hold firm, reflecting the keen interest of investors and traders who are closely monitoring potential regulatory changes and global economic signals. Curious about Bitcoin’s future trajectory? Explore our comprehensive Bitcoin Price Prediction for insights.
Altcoin Watch: Ethereum, Solana, and XRP Performance
Ethereum has demonstrated resilience, climbing by 0.91% to $3,132.48, a sign of strong trader interest. However, Solana experienced a decline of 1.23% to $239.86, reflecting some volatility amid general market fluctuations. XRP also faced challenges, dropping by 2.32% to $1.11, suggesting possible profit-taking activities following earlier surges. For a detailed analysis of Ethereum’s potential movements, consider reviewing our Ethereum Price Prediction.
Top Gainers & Losers of the Day
Among the top 100, Hedera has led the gainers, soaring by 41.43% to $0.151, driven by ongoing ecosystem advancements. Tezos (XTZ) followed, rising by 30.50% to $1.08, fueled by recent partnerships and platform enhancements. Akash Network (AKT) also showed significant gains, increasing by 23.24% to $4.12, amid growing interest in decentralized cloud services.
On the downside, PNUT emerged as the top decliner, losing 12.41% to $1.54. GOAT and MANTRA were not far behind, decreasing by 11.42% and 10.69% respectively, possibly due to market corrections after previous gains. Stay updated with daily insights to stay ahead in the dynamic crypto landscape.
Frequently Asked Questions (FAQs)
What is the price of Bitcoin today? At the time of writing, Bitcoin (BTC) is trading at $91,547.83.
What is the all-time high (ATH) for Bitcoin? Bitcoin’s ATH is recorded at $93,434.36.
How much is 1 Ethereum right now? Currently, 1 Ethereum (ETH) is priced at $3,132.48.
