The crypto market has shown a subtle increase over the past 12 hours, rising 0.90% to reach a market cap of $3.08 trillion. In the meantime, trading volume increased by 32.43%, bringing the figures to $198.5 billion. Despite the sideways trend, market sentiment remains exceptionally positive, with the Fear & Greed Index at 83, indicating ‘extreme greed’ among investors and traders.
Bitcoin remains above $91,000, BTC dominance remains difficult
Bitcoin price has registered a slight decline of 0.58% to a price tag of $90,562.61. Despite this small pullback, Bitcoin’s market cap remains high at $1.81 trillion. On the other hand, BTC’s market dominance remains at $1.81 trillion. These numbers come from investors and traders who are closely monitoring potential regulatory developments and global macroeconomic signals.
Curious about BTC’s prospects? Our comprehensive Bitcoin price prediction can provide the answers you are looking for.
Altcoin Watch: Mixed Performance for ETH, SOL, XRP
Ethereum has shown resilience, rising 0.91% to $3,132.48, indicating strong interest among traders. Solana saw a 1.23% decline to $239.86, showing some turbulence amid broader market swings. XRP also struggled, falling 2.32% to $1.11, indicating possible profit-taking after previous rallies.
For a closer look at what the future could hold for Ethereum, check out our Ethereum price forecast.
Best winners and losers of the day
Hedera has emerged as the top 100 leader, rising 41.43% to $0.151, supported by continued ecosystem developments. Tezos (XTZ) followed closely behind, rising 30.50% to $1.08, driven by recent partnerships and platform upgrades. Akash Network (AKT) rounded out the biggest gainers, rising 23.24% to $4.12 amid growing interest in decentralized cloud services.
On the other hand, PNUT led the decliners, losing 12.41% to $1.54. GOAT and MANTRA were not far behind, down 11.42% and 10.69% respectively, possibly due to market corrections after previous gains.
Stay tuned for daily updates to stay ahead of the evolving crypto landscape.
Frequently asked questions:
The price of Bitcoin (BTC) at the time of writing is changing hands at $91,547.83
Bitcoin’s ATH stands at $93,434.36
1 Ethereum (ETH) token costs $3,132.48
Credit : coinpedia.org
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