Cryptocurrency Prices Today: The global cryptocurrency market is showing a slight 0.13% increase over the past 24 hours, bringing the total market cap to $2.31 Trillion. However, 24-hour trading activity has taken a significant dip, dropping by 18.72%, now sitting at $47.37 billion. Investor sentiment remains neutral, as indicated by the Fear & Greed Index at 57. While Bitcoin, Ethereum, Solana, and other top cryptos showed weak progress, XRP and FTX tokens showed remarkable gains.
Bitcoin Price Analysis: Where Is BTC Heading Next?
Bitcoin (BTC) is currently trading at $64,460.4, marking a 1.15% gain in the past 24 hours. This minor uptick keeps BTC just under the critical $65k resistance level. BTC’s price slip from $65k comes amidst the Nikkei 225 falling nearly 4.5%. Successively, market watchers are reviewing the fall, despite Bitcoin witnessing $1.11 B weekly inflows in U.S. spot Bitcoin ETFs.
Keen on BTC price targets? Our Bitcoin Price Prediction answers that and much more!
Altcoins Prices Today: FTX Token Surges Nearly 60%!
The price of Ethereum is down 1.45% and is currently trading at $2,631.04. Even with the decline, ETH is still above $2.6k, demonstrating its durability in the face of market turbulence. Moreover, Solana (SOL) suffered a minor decline, falling 0.66% to $156.43. Conversely, XRP has experienced a notable upswing, rising by 5.20% to $0.6467.
Curious about the long-term price targets of ETH? Read our Ethereum Price Prediction
Top Gainers:
FTX Token (FTT) stole the show with a staggering 58.94% gain, now priced at $2.26. FTX’s run was fueled by speculations of the company repaying its creditors. Mina (MINA) followed suit, climbing 8.81% to trade at $0.5921, while Popcat (POP) jumped 6.16% to $0.9921.
Top Losers:
Shiba Inu (SHIB) dropped 6.30%, now priced at $0.00001861. Flare (FLR) and Notcoin (NTC) were also among the biggest losers, falling by 5.61% and 5.16%, respectively.
Stay tuned for daily updates on cryptocurrency prices and market trends!
