The crypto market today is experiencing heightened optimism as Bitcoin surpasses the $80k mark for the first time. This has resulted in the Fear & Greed Index’s meter hitting a score of 79, highlighting the growing “Greed” in the market. Successively, the total market cap of the industry has risen to $2.71 trillion.
Bitcoin (BTC) price earlier today surged to a new all-time high (ATH) of $81,858.29. After the sprint, the BTC value has now settled down to the $81,073.67 level, with its intraday trade volumes of +92.36%. This meteoric climb comes in view of significant macroeconomic shifts, including Trump’s victory, a notable spike in futures premiums alongside $1.6 billion in open options bets.
Meanwhile, BTC’s market cap has surged to an impressive $1.6 trillion, reflecting its strengthened dominance at 59.4%. ETF inflows have also been noteworthy, contributing $1.63 billion in recent days.
Want more insights on BTC’s price potential? Read our detailed Bitcoin Price Prediction.
Ethereum (ETH) price currently has faced a dip of 2.31%, trading at $3,111.49 with a market dominance of 14.1%. Solana (SOL) followed ETH’s footsteps with a decrease of 1.32% to $204.62, while XRP fell by 2.44% to $0.5721. These shifts highlight the uneven performance across the altcoin landscape despite Bitcoin’s bullish momentum.
Check out our Ethereum Price Prediction for a closer look at ETH’s next moves.
Dogecoin (DOGE) ranks #1 in the list of top 100 gainers, rocketing by 21.97% to $0.2788 as investor enthusiasm renewed. Other notable gainers included Dogwifhat, which rose by 18.18% to $3, and Floki, up 15.31% at $0.0001743.
Conversely, Lido DAO suffered the most significant loss, dropping 13.73% to $1.25. Helium and Neiro were also among the top losers, with declines of 8.04% and 8%, respectively.
Stay tuned for more insights as the crypto market evolves, capturing both new highs and the complex play of factors shaping the landscape.
Bitcoin (BTC) price at the time of publication is changing hands at $81,858.29
Bitcoin’s new ATH stands at $81,073.67
1 Ethereum (ETH) token costs $3,111.49
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