The cryptocurrency industry has been making bullish moves since early Asian trading hours today. As a result, the global market cap has risen by 1.89% to $3.38 trillion. However, the trading volume has dropped notably by 25.45% to $148.18 billion. Amidst the heightened sentiment the Fear & Greed Index continues to stay undeterred at an “Extreme Greed” score of 84, highlighting the bullish investor/trader sentiments.
Bitcoin price has maintained its uptrend by adding 2.08% in the past 24 hours to hit $97,486.24. Despite a 34.48% plunge in its intraday trading volumes, Bitcoin’s market cap has risen to $1.93 trillion, keeping its market share intact at 57.02%. With Bitcoin making moves despite the recent liquidations has heightened the optimism of investors, waiting for it to hit $100k.
Wondering when will BTC price hit $100k? Read our Bitcoin Price Prediction for the potential time frame.
Ethereum saw a minor decline, slipping 1.24% to $3,590.91. Meanwhile, Solana and XRP performed impressively, gaining 3.32% and 12.51%, respectively. XRP’s sharp rise highlights its continued momentum as a favored altcoin.
As traders reworked their holdings and positions, Ethereum saw a minor slip of 1.24% in its price tag to $3,590.91. On the other hand, Solana and XRP impressed the crowd with 3.32% and 12.51% price gains respectively. Moreover, XRPs bullish move has made it one of the top gainers of the day.
Curious about ETH’s year-end price targets? Read our Ethereum Price Prediction for all details.
Stay tuned for daily updates as the cryptocurrency space continues to evolve with new opportunities and challenges.
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