The cryptocurrency market is witnessing a wave of excitement as investor optimism has propelled Bitcoin to a remarkable new all-time high of $106,000. Although the initial surge has stabilized, the market capitalization remains robust, currently standing at an impressive $3.64 trillion, reflecting a slight increase of 0.03%. Trading volumes have also experienced a significant boost, rising by 33.07% to reach $172.75 billion. These bullish trends have resulted in the Fear & Greed Index indicating an “Extreme Greed” score of 80, showcasing the prevailing positive sentiment among market participants.
Bitcoin Price Charts New Peaks
Bitcoin continues to capture the spotlight, achieving a noteworthy 1.14% gain over the past 24 hours, reaching a trading value of $103,856.35. Earlier in the day, Bitcoin hit a new all-time high (ATH) of $106,488.25, driven by strong trading activity. The 24-hour trading volume soared by an impressive 58.03%, totaling $67.04 billion. This milestone underscores the growing optimism among investors amidst heightened market activity. The star cryptocurrency’s ability to reach new peaks despite short-term pullbacks reflects the heightened positivity among market participants.
Curious about when Bitcoin might hit $110,000? Dive into our Bitcoin Price Prediction for insights and forecasts.
Altcoins Watch: ETH, SOL & XRP Show Modest Numbers
While Bitcoin continues to make headlines, major altcoins exhibit varied performance. Ethereum (ETH) managed to post a modest gain of 0.68%, bringing its price to $3,902.77. In contrast, Solana (SOL) and XRP experienced declines of 1.84% and 1.33%, respectively. Solana is currently valued at $214.70, while XRP stands at $2.36. These mixed movements highlight the shifting investor focus across different segments of the cryptocurrency market.
Stay informed on Ethereum’s potential future by exploring our Ethereum Price Prediction.
Top Gainers
- Virtual: $2.83 (+17.35%)
- FTM: $1.36 (+9.46%)
- ONDO: $1.98 (+8.75%)
Top Losers
- KCS: $11.97 (-9.49%)
- Kaia: $0.27 (-8.82%)
- WIF: $2.68 (-5.66%)
FAQs
How much is Bitcoin (BTC) priced at today?
As of today, Bitcoin is trading at $103,856.35, marking a 1.14% increase in the last 24 hours.
Which token gained the most in the last 24 hours?
Virtual (VIRTUAL) led the market with a surge of 17.35%, now priced at $2.83.
What is the Fear & Greed Index today?
The Fear & Greed Index is currently at 80, indicating “Extreme Greed” among investors.
