The cryptocurrency market is witnessing a vibrant phase as optimistic traders and investors propel Bitcoin to a new all-time high of $106,000. Although the numbers have stabilized over time, the industry’s market cap remains robust at $3.64 trillion, marking a slight increase of 0.03%. Furthermore, trading volumes have surged by 33.07%, reaching an impressive $172.75 billion. The bullish momentum is reflected in the Fear & Greed Index, which currently indicates an “Extreme Greed” score of 80.
Bitcoin Price Charts New Peaks?
Bitcoin remains a focal point in the crypto world, showing a 1.14% gain over the past 24 hours, reaching $103,856.35. Earlier today, it hit a new ATH of $106,488.25, fueled by significant trading activity. The 24-hour trading volume surged by 58.03% to $67.04 billion, showcasing the growing optimism among investors. Despite short-term fluctuations, Bitcoin’s ability to set new records reflects a strong positive sentiment among market participants. Curious about when BTC might hit $110k? Check out our Bitcoin Price Prediction for insights.
Altcoins Watch: ETH, SOL & XRP Show Modest Numbers
While Bitcoin takes center stage, Ethereum (ETH) has seen modest gains of 0.68%, bringing its price to $3,902.77. In contrast, Solana (SOL) and XRP have experienced declines of 1.84% and 1.33% respectively, with SOL priced at $214.70 and XRP at $2.36. These mixed trends highlight the varied investor focus across major altcoins. Stay informed with our Ethereum Price Prediction to explore ETH’s potential future movements.
Top Gainers:
- Virtual: $2.83 (+17.35%)
- FTM: $1.36 (+9.46%)
- ONDO: $1.98 (+8.75%)
Top Losers:
- KCS: $11.97 (-9.49%)
- Kaia: $0.27 (-8.82%)
- WIF: $2.68 (-5.66%)
FAQs
How much is Bitcoin (BTC) priced at today?
As of today, Bitcoin is trading at $103,856.35, marking a 1.14% increase over the last 24 hours.
Which token gained the most in the last 24 hours?
Virtual (VIRTUAL) led the market with a surge of 17.35%, currently priced at $2.83.
What is the Fear & Greed Index today?
The Fear & Greed Index stands at 80, indicating “Extreme Greed” among investors.
