The crypto market today has been trading sideways, with a slight increase of 0.06% in its market capitalization, now standing at $3.05 trillion. In the meantime, the trading volume has sunk by 8.81% in the past 24 hours, summing the numbers to $158.29 billion. Despite this, the sentiments in the business remain highly positive, as the Fear & Greed Index continues to signal “Extreme Greed” at a score of 82.
Bitcoin price witnessed a modest fall of 0.58% since yesterday, with its current price at $90,562.61. BTC’s trading activity saw a notable uptick in 24 hours, with the volume surging by 17.30% to $52.23 billion. The market cap of Bitcoin now hovers around $1.79 trillion, with its industry dominance at 58.88%.
BTC has traded between a low of $88,741.77 and a peak of $92,194.36 over the previous day. This comes given the volatility as the U.S. proposes the Bitcoin Act 2024, which aims to establish a Strategic Bitcoin Reserve, targeting the holding of 1,000,000 Bitcoins in the next 5 years.
Looking for in-depth insights on Bitcoin’s future? Explore our detailed Bitcoin Price Prediction.
Ethereum suffered a minor dip of 1.22%, changing hands at $3,082.39 as it navigates a cooling business after recent uptrends. Solana, however, outperformed expectations, rallying by 3.63% to hit $243.13. XRP was the front-runner among major altcoins, rising 5.29% to $1.13, portraying robust momentum and renewed interest.
Explore our Ethereum Price Prediction to stay informed about ETH’s potential movements.
Hedera emerged as the top performer among the top 100, soaring 29.77% to $0.1115, followed by Mantra, which saw a 25.19% growth to $4.28. Stellar (XLM) also marked significant gains, rising 22.39% to $0.2388.
Conversely, GOAT struggled as the biggest loser, dropping 16.39% to $1.11. Pyth and WIF rounded out the laggards, falling by 6.67% and 6.16%, respectively.
Subscribe to us for more crypto updates as the market continues to evolve, influenced by legislative strategies and shifting investor sentiment.
Fresh regulatory changes alongside macroeconomic movements place XRP and its status at the center of…
Shiba Inu (SHIB) faces an uphill battle to recover from its severe market decline, while…
Binance founder Changpeng Zhao (CZ) has warned that 95% of cryptocurrencies are destined to fail…
As the crypto market slowly builds momentum for its next breakout cycle, experienced investors are…
In the constantly evolving world of decentralized finance, it’s often the lesser-known projects that quietly…
Pi Coin’s price has been on a rollercoaster—rising to $2.98 before crashing down to $0.50,…
