The global cryptocurrency market is on a steady rise, showcasing a notable increase in its overall value. As of now, the global market capitalization has ascended by 2.16%, reaching an impressive $2.78 trillion. This upward trend is further accentuated by a dramatic surge in the 24-hour trading volume, which has skyrocketed by 73.54%, amounting to a substantial $236.32 billion. The prevailing sentiment among investors remains optimistic, as evidenced by the Fear & Greed Index, which currently stands at 79, indicating a strong sentiment of “Greed.”
Bitcoin Surges to Another All-Time High
Bitcoin (BTC) continues to assert its dominance within the cryptocurrency market. Earlier today, Bitcoin achieved a groundbreaking all-time high (ATH), reaching $81,073.67. Not stopping there, BTC broke its own record, setting a new ATH at $82,371.96. Currently, Bitcoin is valued at $82,233.83, reflecting a 2.97% rise over the past 24 hours. The market capitalization of Bitcoin has soared to an impressive $1.63 trillion, driven by a significant 54.02% increase in 24-hour trading volume. Bitcoin’s market dominance remains strong at 58.3%, bolstered by ETF inflows amounting to $1.63 billion. Curious about Bitcoin’s future trajectory? Dive into our Bitcoin Price Prediction for more insights.
Altcoins Prices Today: ETH, SOL & XRP Yet to Pick Pace?
While Bitcoin steals the spotlight, altcoins are experiencing varied performances. Ethereum (ETH) saw a slight decline of 0.46%, with its current price at $3,194.49. On the other hand, Solana (SOL) exhibited a robust rally, gaining 4.84% to reach $216.32, reaffirming its status as a high-interest altcoin. Meanwhile, XRP edged up by 0.31% to $0.5863, maintaining relative stability amidst the fluctuations of the market. For a detailed outlook on Ethereum, explore our Ethereum Price Prediction.
Top Gainers & Losers in the Crypto Market
In today’s market movements, Dogwifhat stands out as the leading gainer, surging by an impressive 21.97% to $3.07. Following closely is Dogecoin, which experienced a notable rise of 20.21%, reaching $0.2872. Cronos also made significant strides, climbing 16.64% to $0.139. On the flip side, the market also saw some notable decliners. Among them, Neiro faced the steepest drop, plunging 11.99% to $0.002476. Lido DAO followed suit with a 7.13% decrease to $1.28, while Mantle declined by 6.01% to $0.7751. Stay informed with the latest updates from the crypto world by subscribing to our newsletter.
Frequently Asked Questions (FAQs)
The forecast for 1 BTC by the end of 2024 suggests it could reach $100,000.
How much is 1 Ethereum right now?
As of the current market status, 1 Ethereum is priced at approximately $3,194.49.
What is the ATH of Bitcoin?
The latest All-Time High for Bitcoin is recorded at $82,371.96.
