Cryptocurrency News Today: The global cryptocurrency market cap has climbed by 1.14% in the past 24 hours, pushing it to $2.32 trillion. While the overall market sentiment remains neutral with a Fear & Greed Index at 57, the 24-hour trading volume has taken a dip, dropping by 12.04% to $76.59 billion.
After surpassing the $66,000 threshold, Bitcoin has continued to climb and is presently trading at $65,986.46. This slight increase points to stability for the top cryptocurrency as it approaches the crucial $68k resistance level. The rise occurs in the middle of a generally calm market environment, with traders keeping a cautious eye out for any indications of a possible breakout.
Keen on BTC price targets? Our Bitcoin Price Prediction answers that and much more!
The performance of Ethereum (ETH) has been marginally better; it has increased in value by 1.78% and is currently trading at $2,690.99. Ethereum continues to climb and demonstrates its resiliency by staying above the $2.6k area. Investors view this sustained rising trend as encouraging as the second-largest cryptocurrency approaches the $2.7k threshold.
Curious about the long-term price targets of ETH? Read our Ethereum Price Prediction
Top Altcoins Prices: With a gain of 1.10% to $158.29, Solana (SOL) has continued to grow steadily as investors continue to show interest in it. However, XRP just slightly increased, going up 0.14% to $0.5892, and is still having trouble gaining any traction.
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Stay tuned for more daily cryptocurrency updates!
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