The crypto market today has demonstrated a rather modest rise, increasing by 1.51% over the last day, bringing the total market cap to $2.98 trillion. The trading volume rose significantly, up by 35.59% to $358.59 billion. Market sentiment remains strong, as reflected by the Fear & Greed Index, which is at an “Extreme Greed” level with a score of 87. This comes given Bitcoin showing resilience at the $87k level.
Bitcoin maintains its pace above $87k, with a press time tag of $87,455.04. This is despite a 1.34% loss during the last 24 hours. Bitcoin’s market dominance has increased from 59.01% the previous day to 59.52%, despite a decrease in trading volume of 8.57%. Bitcoin’s market capitalization is at $1.71 trillion, demonstrating its endurance in the face of modest market corrections.
Looking for in-depth insights on Bitcoin’s future? Explore our detailed Bitcoin Price Prediction.
Ethereum (ETH) fell sharply, 4.80% to $3,185.27, as traders assessed market changes. Solana (SOL) likewise fell by 6.01% to $206.33. Despite the dip in top altcoins, XRP outperformed the market with an 8.84% increase, trading at $0.6604 and regaining investor interest.
Explore our Ethereum Price Prediction to stay informed about ETH’s potential movements.
Bonk (BONK) topped the gainers, up 19.11% to $0.00003255, followed by Stellar (XLM), which rose 10.53% to $0.1272. XRP also experienced significant gains, with its price increasing by 8.88%.
Cronos (CRO) suffered significant losses, falling 24.50% to $0.1616. FET and WLD both had considerable reductions, falling 21.95% and 18.53%, respectively.
Stay tuned for more crypto updates as market dynamics shift!
Bitcoin (BTC) is currently priced at $87,455.04.
The current Fear & Greed Index indicates “Extreme Greed” with a score of 87.
The price of 1 ETH at the press time is $3,185.27.
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