The crypto market is continuing its bullish streak, as investors fuel the optimism. This led to the market cap climbing 2.87% to $3.76 trillion in 24 hours, and the trading volumes shooting up 21.38% to $206.02 billion. Amidst this, the Fear & Greed Index highlights an “Extreme Greed” score of 81.
Bitcoin has been the primary driving force of the crypto market since yesterday. It is currently changing hands at $106,871.72 with a surge of 3.14% over the previous day. The greenish numbers did influence traders, who pushed the volumes to $79.4 billion, an 18% extra over the previous day. Bitcoin has now solidified its market presence with its dominance at 56.28%, which could only increase in the near short-term.
Read our Bitcoin Price Prediction for deeper insights into BTC’s future trajectory.
Ethereum has been building momentum on its daily chart, with a 2.29% price spike it is now trading at $3,996.71. While Solana delivered a notable spike of 3.57% to $221.09, XRP was the standout performer, rallying by 14.58% to $2.69.
Curious about ETH’s future? Read our Ethereum Price Prediction for potential price targets!
BGB led the top 100 cryptos with a 16.67% price spike to $3.81, followed by XLM, which rose 11.83% to $0.463. XRP took the spotlight, registering a 10.53% increase for the day.
On the losing side, HNT price fell 8.08% to $8.99, followed by ENS, which sunk 6.76% to $44.07. VIRTUAL also slipped by 6.52% to $2.74.
Bitcoin is currently priced at $106,871.72, with a 3.14% gain over the past 24 hours.
Bitget Token (BGB), Stellar (XLM), and XRP were the top gainers, with increases of 16.67%, 11.83%, and 10.53%, respectively.
The Fear & Greed Index with a score of 81, highlights “Extreme Greed” sentiment among investors.
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