The crypto market has remained stable with its numbers today, registering a slight increase of 0.47% since the last day, bringing the market capitalization to $3.35 trillion. However, intraday trading volumes fell 1.91% to $198.43 billion. Although the numbers are weak, the Fear & Greed Index continues to emphasize “Extreme Greed.” This shows that bullish sentiments are rising sharply among market players.
Bitcoin Price Rises Back to $98k Amid Market Dynamics
After correcting to a 24-hour low of $95,788.08, Bitcoin’s price is currently hovering around $98,380.74. Despite the 27.76% drop in intraday trading volume, BTC continues to dominate the market, with a 58.01% market share. The price of BTC returning to the $98,000 level after a pullback shows its resilience in the current market situation.
Discover our in-depth Bitcoin price prediction to analyze whether BTC can break the psychological barrier of $100,000 soon.
Major Altcoins show mixed trends
Ethereum fell 0.73% to trade at $3,391.32 Solana And XRP showed divergent paths. Solana narrowly fell 0.43% to $253.90, while XRP posted a 0.77% gain, bringing its price tag to $1.46, indicating selective investor confidence.
Dive deeper into the future of Ethereum with our extensive Ethereum price prediction.
Top winners and losers
The sandbox (SAND) emerged as the best performer of the day with a massive 30.41% increase, trading at $0.8067, highlighting the growing interest in metaverse projects. Other top picks include Seiup 17.79% to $0.674, and PNUTwhich rose 13.35% to $1.34.
However, not all altcoins came into the spotlight. Tezos led the losers with an 11.67% dip, trading at $1.36, followed by Tonmint (-6.90%) and Cosmos (-6.29%), reflecting a mix of profit-taking and broader market hesitation.
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Frequently asked questions
The price of Bitcoin (BTC) at the time of writing is changing hands at $98,380.74.
The Sandbox (SAND), Sei (SEI) and Peanut the Squirrel (PNUT) lead the top 100 gainers, with gains of +30.41%, +17.79% and +13.35% respectively.
Bitcoin price could potentially reach $100,000 today if the bulls manage to outrun the bears and liquidate their positions.
Credit : coinpedia.org
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