The cryptocurrency market is witnessing a positive trend today. Bitcoin (BTC) 
$99,518 has surpassed the $99,000 mark after a two-week decline, aiming for the $100,000 target once again. Popular altcoins like SPX6900 (SPX) and Filecoin (FIL) stand out with a daily increase of 12%. The total market capitalization of cryptocurrencies has reached $3.49 trillion, while trading volume has slightly decreased to $83 billion.
Positive Momentum for Bitcoin and Altcoins
Bitcoin is currently trading at $99,600, reflecting a 1% increase during the day. Its daily low was $97,314, while the highest point reached $99,265. The altcoin market is also keeping pace with Bitcoin, showing approximately 1% gains in major altcoins like Ethereum (ETH) 
$3,673, XRP, and Solana 
$215 (SOL).
Ripple 
$2 CEO Brad Garlinghouse stated that Donald Trump’s election victory positively impacted company operations. This announcement led to a slight recovery in XRP’s price. Additionally, Bitcoin miner Marathon Digital Holdings announced that it leased 16% of its reserves due to rising institutional demand, confirming market interest among corporate investors.
SPX and Filecoin Shine Bright
SPX6900 and Filecoin are gaining attention with a 12% daily increase. SPX6900 has surged 63% over the past week. Filecoin, with a market cap of $3.86 billion, is attracting investor interest. Moreover, FET coin is expected to rise to $3 due to its burn plan.
On the losing side, Virtual Protocol recorded a 7% drop, suffering the largest loss. Hyperliquid also saw a decrease of 3%. Coins like BONK, WIF, and BEAM experienced fluctuations between 3-4%.
Currently, Bitcoin and most altcoins are trading in the green. Fartcoin displayed a short-term increase of 5%. The overall positive atmosphere in the market is making investors more willing to take risks. The Crypto Fear and Greed Index is at 60, indicating a shift towards greed in the market.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
