The global cryptocurrency market experienced a mild recovery today, with the total market capitalization climbing by 1.30% to $3.64 trillion. However, trading volume saw a steep decline of 35.35%, settling at $172.98 billion, suggesting cautious trading activity. The Fear & Greed Index registered at 66, indicating “Greed,” as optimism continues to drive market sentiment.
Bitcoin Holds Steady Amid Sluggish Trading Volumes
Bitcoin maintained its growth, posting a 0.83% increase over the past 24 hours, with its price reaching $105,275.73. Despite a 33.57% drop in trading volume to $69.18 billion, BTC’s market cap has risen to a $2.08 trillion, showcasing its resilience. Bitcoin’s dominance remains robust, reinforcing its position as the anchor of the crypto market.
For a deeper dive into Bitcoin’s potential trajectory, explore our Bitcoin Price Prediction.
Altcoins: Solana Steals the Spotlight
Major altcoins delivered mixed performances. Ethereum posted a modest gain of 0.39%, trading at $3317.40, while Solana led the altcoin rally with a remarkable 6.71% increase, priced at $257.40. Meanwhile, XRP followed closely, gaining 3.55% to reach $3.24.
Read our Ethereum Price Prediction to understand ETH’s future movements.
Top Gainers: AI16Z Leads the Pack
- AI16Z: Surged by 33.88%, priced at $1.22.
- VIRTUAL: Gained 16.74%, now at $3.02.
- WORLD COIN: Climbed 16.45%, trading at $2.22.
Top Losers: Dogecoin Faces a Pullback
- Dogecoin: Declined 5.27%, priced at $0.3668.
- Jupiter: Fell 3.75%, now at $0.8625.
- OKB: Dropped 3.72%, trading at $56.76.
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FAQs
Bitcoin is trading at $105,275.73 at the time of writing.
AI16Z (+33.88%), VIRTUAL (+16.74%), and WORLD COIN (+16.45%) lead today’s top gainers.
Solana surged by 6.71% over the past 24 hours, reaching $257.40, making it one of the day’s strongest performers.
