The cryptocurrency market is witnessing a positive upswing, with overall prices experiencing a substantial increase of 4.04% over the past day. This surge has elevated the market capitalization to a remarkable $2.59 trillion. Despite this growth, trading volume has seen a slight dip of 3.28%, bringing it down to $123.93 billion. The market’s bullish sentiment is further highlighted by Bitcoin reaching a new all-time high (ATH), as reflected in the Fear & Greed Index, which currently indicates a “Greed” score of 73.
Bitcoin Brushes $77k, Holds Gains Amid Fed Decision
Bitcoin has recently achieved an unprecedented ATH of $77,252.75, following the Federal Reserve’s decision to implement a 25 basis point rate cut. At present, Bitcoin is trading at $76,412.12. Although there has been a 13.32% decline in intraday trading volume, Bitcoin maintains a strong market dominance of 58.37%. Curious about Bitcoin’s future trajectory? Dive into our comprehensive Bitcoin Price Prediction for in-depth analysis.
Altcoin Analysis: ETH, SOL, XRP See Modest Gains
Ethereum has experienced a notable rise of 4.73%, reaching a price of $3,056.15, which has increased its market share to a dominance of 13.84%. Meanwhile, Solana has seen a modest 1.29% increase, bringing it to $201.49, as it continues to attract investor interest. XRP has shown a subtle rise of 0.56%, reaching $0.5531, aligning with broader market trends. For a deeper understanding of Ethereum’s potential movements, explore our detailed Ethereum Price Prediction.
Top Gainers & Losers
Among the top 100 cryptocurrencies, Raydium stands out as the leader in gains, with a significant 13.26% increase to $5.44. Following closely are POL and MATIC, which have risen by 12.81% and 12.67%, respectively. Conversely, on the losing side, GOAT has experienced the most substantial decline, dropping 8.40% to $0.7613. Additionally, Popcat and Neiro have also faced setbacks, decreasing by 5.56% and 4.56%, respectively. Stay connected with us for more updates on the evolving dynamics of the crypto market.
FAQs
What is the price of Bitcoin Today?
As of now, Bitcoin (BTC) is trading at $76,412.12.
What is the ATH for Bitcoin?
Bitcoin’s all-time high (ATH) is recorded at $77,252.75.
How much is 1 Ethereum right now?
The current price of 1 Ethereum (ETH) is $3,056.15.
