The global cryptocurrency market has increased, reflecting a 1.37% increase in the last 24 hours, bringing the total market cap to $3.34 trillion. Despite a dip in 24-hour trading volume, now at $222.84 billion (-9.15%), the Fear & Greed Index surged to 87, indicating extreme greed among investors.
The cryptocurrency market has registered a 1.37% spike since the previous day, bringing the total market capitalization to $3.34 trillion. Irrespective of the -9.15% dip in intraday trading volume, to $222.84 billion. The Fear & Greed Index continues to indicate an “Extreme Greed” score of 87.
Bitcoin has been dominating the market sentiments, as it touched the $99,655.50 mark during the American trading hours yesterday. At the time of press, it is changing hands at $98,531.74 with a slight dip of 0.42% over the previous day. In a positive move, $1.38 billion USDT flowed into crypto exchanges in the past 15 hours, indicating a strong buying spree. Successively, Bitcoin ETFs also showed inflows of 10,945 BTC, with BlackRock being the front-runner adding a notable 6,188 BTC to its portfolio.
Explore our in-depth Bitcoin Price Prediction to analyze whether BTC can break the psychological $100k barrier soon.
Ethereum’s price slipped by 1.43%, changing hands at $3,346.39, while Solana saw a subtle decline of 0.87%, priced at $259.55. XRP on the other hand, surged by an exceptional 10.82%, reflecting investor enthusiasm.
Dive deeper into Ethereum’s future with our comprehensive Ethereum Price Prediction.
While, the broader market awaits a bullish confirmation, tokens like Stellar have been stealing the limelight. Whether Bitcoin can cross the $100K mark or if altcoins will see a resurgence remains a hot topic.
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Bitcoin (BTC) price at the time of press is changing hands at $98,531.74.
Stellar (XLM), Algorand (ALGO), and Cardano (ADA) are leading the top 100 gainers, with gains of +53.82%, +34.47%, and +23.38% respectively.
Bitcoin price could possibly hit $100k today if the bulls manage to outrun the bears liquidating their positions.
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