The cryptocurrency market is experiencing significant growth, with global market capitalization rising by 2.16%, now valued at an impressive $2.78 trillion. This surge is complemented by a dramatic increase in 24-hour trading volume, which has skyrocketed by 73.54%, reaching a substantial $236.32 billion. Investor sentiment remains highly optimistic, as indicated by the Fear & Greed Index, which currently stands at 79, denoting a state of “Greed.”
Bitcoin Surges to Another All-Time High
Bitcoin (BTC) continues to assert its dominance in the cryptocurrency market, achieving another milestone. Earlier today, it reached an all-time high (ATH) of $81,073.67, only to break this record shortly after with a new ATH of $82,371.96. At present, Bitcoin is priced at $82,233.83, reflecting a 2.97% rise over the last 24 hours. Its market capitalization has soared to $1.63 trillion, with a remarkable 54.02% increase in 24-hour trading volume. Bitcoin’s dominance in the market remains robust at 58.3%, driven by significant ETF inflows amounting to $1.63 billion. For a deeper dive, check out our Bitcoin Price Prediction.
Altcoins Prices Today: ETH, SOL & XRP Yet to Pick Pace?
In the altcoin sector, Ethereum (ETH) has experienced a slight decline of 0.46%, currently priced at $3,194.49. Meanwhile, Solana (SOL) has demonstrated resilience with a 4.84% increase, reaching $216.32, solidifying its position as a sought-after altcoin. XRP has shown a modest gain of 0.31%, stabilizing at $0.5863 amidst the volatile market environment. For a comprehensive outlook, explore our Ethereum Price Prediction.
Top Gainers & Losers
Among today’s top performers, Dogwifhat leads the pack with a remarkable 21.97% increase, reaching $3.07. Dogecoin follows closely with a 20.21% rise to $0.2872, while Cronos impresses with a 16.64% climb to $0.139. On the downside, Neiro faces the largest decline, dropping 11.99% to $0.002476. Lido DAO and Mantle also experience setbacks, decreasing by 7.13% to $1.28 and 6.01% to $0.7751, respectively.
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FAQs
What will the BTC price be worth by the end of 2024?
The projected price of 1 BTC by the close of 2024 is anticipated to reach $100,000.
How much is 1 Ethereum right now?
Currently, the price of 1 Ethereum stands at approximately $3,194.49.
What is the ATH of Bitcoin?
The latest All-Time High for Bitcoin is recorded at $82,371.96.
