Cryptocurrency Market Overview: The overall market capitalization of cryptocurrencies worldwide has increased by 1.75% in the last day to reach $2.3 trillion, indicating that the market is still on the rise. The 24-hour volume increased 31.14% due to increased trading activity, reaching $89.75 billion. The Fear & Greed Index, which is currently at 54, indicates that investor concern persists despite recent market advances.
Bitcoin Price Update: Is BTC Heading Toward $68k?
With a rise of 1.70 percent, Bitcoin (BTC) is currently trading at $65,555.87. While traders look for possible breakout possibilities over $68k, this price spike moves Bitcoin closer to important resistance levels. The increase in Bitcoin price has generated a lot of momentum and optimism in the market as a whole.
Keen on BTC price targets? Our Bitcoin Price Prediction answers that and much more!
Altcoin Prices Today: Ethereum, Solana On a Leg-up!
Ethereum (ETH) increased by just 0.81% but remained stable at $2,650.86. Even in the face of small swings, ETH shows durability and is still a solid investment for long-term holders. A notable cryptocurrency on the market today, Solana (SOL) had a 2.19% increase, bringing its price to $156.34, solidifying its ranking among the best-performing altcoins. XRP, meanwhile, increased by 0.39% to $0.5875 as the market steadies itself in anticipation of prospective regulatory developments.
Curious about the long-term price targets of ETH? Read our Ethereum Price Prediction
Top Gainers:
- Wormhole (WH): +17.00%, now at $0.3199
- Pepe (PEPE): +15.37%, now at $0.00001053
- Floki (FLOKI): +14.38%, now at $0.0001689
Top Losers:
- Bittensor (TAO): -5.44%, now at $523.84
- Popcat (POP): -5.40%, now at $0.9929
- Immutable (IMX): -3.31%, now at $1.78
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