The cryptocurrency market has continued its positive momentum from yesterday. A wave of optimism surrounding the upcoming quarter has propelled the industry’s market cap by 3.35%, reaching $2.22 trillion. Bitcoin, the flagship cryptocurrency, hit a 24-hour high by nearing the $64,000 mark, while Ether has surpassed its $2,400 level.
Bitcoin Price Today: Is BTC on a Bull Run?
Bitcoin’s price, after reaching a peak of $64,180, is currently trading at $63,847.79. This represents intraday gains of 2.97%. The surge in Bitcoin’s value is partly driven by the increased inflows into Bitcoin ETFs. Despite this upward trend, trading volumes have seen a decline of 10.36%.
Interested in BTC price targets? Our Bitcoin Price Prediction provides detailed insights and forecasts.
Altcoins Today: ETH Price Hits the $2.5k Mark!
Ethereum has finally broken through its critical level of $2,400. With intraday gains of 5.42%, the ETH price is currently at $2,553.53. Solana is also among the top performers in the top 10 list, boasting gains of 7.42% and a price of $148.92. On the other hand, XRP has seen minimal gains of 0.73%, holding a modest price of $0.591.
For long-term price targets of ETH, read our Ethereum Price Prediction.
Top Crypto Gainers Today
- Immutable X: 24-hour gains of 14.28%, with the price reaching $1.60.
- Core: Gains of 12.21%, bringing the price to $1.09.
- Bittensor: Continues to make waves with 11.02% gains, now priced at $417.24.
Top Crypto Losers Today
- Fantom: Price has corrected by 5.68%, dropping to $0.6352.
- CKB: Continues to remain bearish with a 1.76% price change, now at $0.01753.
In conclusion, the Fear and Greed Index is currently at a neutral score of 48, but this is expected to improve. Notably, 20,000 Bitcoin options contracts worth $1.26 billion are due to expire today, which could influence market dynamics.
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