The crypto market today is brimming with optimism as the industry’s market capitalization has impressively surged by 5.25%, reaching a formidable $3.64 trillion. This upward trajectory has been primarily driven by Bitcoin, which has impressively reclaimed the $100k threshold on its daily chart. Despite these positive developments, trading volume has experienced a decline of 24.07%, settling at $216.31 billion. Nevertheless, investor sentiment remains decidedly bullish, as evidenced by the Fear & Greed Index registering an extreme greed score of 80.
Bitcoin Price Eyes for $101,000
Bitcoin has been on a robust upward trend, with its price climbing by 3.52% over the past day to reach $100,969.02. While intraday trading volumes have decreased by 17.69% to $81.58 billion, Bitcoin’s market capitalization has surged to an impressive $1.99 trillion. As a result, Bitcoin’s market dominance now stands at 54.75%. For further insights into Bitcoin’s future performance, explore our Bitcoin Price Prediction.
Altcoins Rally Amid Bullish Market Sentiment
The altcoin sector is also witnessing significant positive momentum. Ethereum has experienced a remarkable 7.59% increase, pushing its price to $3,939.48. Solana follows closely with a 6.64% surge, reaching $232.71, while XRP has climbed by 5.02% to $2.46. The strong performance of these top altcoins has helped lift the majority of tokens in the market. For those curious about Ethereum’s potential future, be sure to check out our Ethereum Price Prediction.
Gainers & Losers: Aave Steals the Spotlight
Among the top 100 cryptocurrencies, Aave has emerged as a standout performer with an impressive gain of 33.73%, reaching a price of $355.81. Chainlink and SUI have also shown strong gains, with their numbers at 29.68% and 29.30%, respectively. On the downside, XDC has been the only notable laggard among the top 100, with a decline of 1.68%, settling at $0.09102.
FAQs
How much does 1 Bitcoin (BTC) cost today?
The current price of 1 Bitcoin (BTC) is $100,969.02.
Which tokens have gained the most today?
Aave, Chainlink (LINK), and SUI are the top gainers, with increases of 33.73%, 29.68%, and 29.30%, respectively.
How is Ethereum performing today?
Ethereum has seen a 7.59% gain in the last 24 hours, with its current price standing at $3,939.48.
