The crypto market continues its upward trajectory, posting a 2.16% increase in global market capitalization, now standing at $2.78 trillion. The 24-hour trading volume has surged dramatically, up by 73.54%, totaling $236.32 billion. Investors remain bullish, as reflected in the Fear & Greed Index, which registers at 79, signaling “Greed.”
Bitcoin (BTC) once again proves its dominance in the market. After reaching an all-time high (ATH) of $81,073.67 earlier today, BTC shattered records with a new ATH of $82,371.96. The current price of Bitcoin stands at $82,233.83, marking a 2.97% increase over the past 24 hours. Its market cap has soared to $1.63 trillion, accompanied by a 54.02% spike in 24-hour trading volume. BTC’s dominance in the market holds strong at 58.3%, fueled by ETF inflows totaling $1.63 billion.
Curious about where BTC is headed next? Explore our Bitcoin Price Prediction.
Ethereum (ETH) experienced a slight dip of 0.46%, with its price at $3,194.49. In contrast, Solana (SOL) rallied, showing a 4.84% gain to $216.32, reinforcing its position as a high-interest altcoin. XRP edged up by 0.31% to $0.5863, staying relatively stable compared to more volatile assets.
Read our in-depth analysis of the Ethereum Price Prediction.
Today’s leading gainer is Dogwifhat, which surged by 21.97% to $3.07, followed by Dogecoin with a 20.21% rise to $0.2872. Cronos also impressed, climbing 16.64% to $0.139.
Among the notable decliners, Neiro took the hardest hit, plunging 11.99% to $0.002476. Lido DAO followed with a 7.13% decrease to $1.28, and Mantle dropped 6.01% to $0.7751.
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The price of 1 BTC by the end of 2024 could be $100,000.
1 Ethereum price at the press time hovers around $3,194.49
The latest All-Time High of Bitcoin is at $82,371.96
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