The crypto market today remains under the heat, as the Trump government is all set to make moves around the reciprocal tariffs. The pressure was not just borne by the crypto market, but also the Asian stock market. Despite the uncertainty, the market cap saw a modest 1.12% increase to $2.72 trillion, while the trading volume soared by 2.69% to $78.85 billion. The sentiments remained bearish, taking the “Fear & Greed” Index down to 29.
Bitcoin Price Today Rises Above $84k!
Bitcoin has inched higher, rising 1.39% in the last 24 hours to trade at $84,338.46. The flagship cryptocurrency maintains a market cap of $1.67 trillion, with a 24-hour trading volume of $28.58 billion, up 5.29%. BTC’s price fluctuated between $82,550.70 and $85,487.37, showing resilience despite broader market concerns.
Adding to Bitcoin’s bullish case, Metaplanet Inc. has increased its BTC holdings, acquiring 696 BTC and bringing its total reserves to 4,046 BTC. Further underscoring the growing institutional interest in Bitcoin.
Curious about Bitcoin’s next price move? Read our Bitcoin (BTC) Price Prediction for potential targets!
Altcoins Struggle as Market Sentiment Weakens
Ethereum posted a minor 0.44% increase, trading at $1,856.54, while XRP fell by 1.58% to $2.08. Solana saw a sharper decline of 2.05%, slipping to $124.02. These mixed performances highlight the uncertain sentiment gripping the altcoin sector.
Interested in knowing about XRP’s future, following the closure of the Ripple vs SEC lawsuit? Read our XRP Price Prediction NOW!
Top Gainers:
- EOS: Up 18.42% to $0.8001, making it the day’s best-performing asset.
- CRO: Gained 6.72%, now trading at $0.1059.
- ZCash: Climbed 4.87% to $40.96.
Top Losers:
- DeXe: Plunged 18.89% to $14.60, making it the biggest loser.
- IP: Dropped 12.54% to $4.18.
- FORM: Fell 11.42% to $2.12.
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