The crypto market continues its uptrend, as investors fuel optimism. This led the market capitalization to climb 2.87% to $3.76 trillion in 24 hours and trading volumes to climb 21.38% to $206.02 billion. Amidst this, the Fear & Greed Index highlights an “Extreme Greed” score of 81.
Bitcoin price today
Bitcoin has been the main driver of the crypto market since yesterday. It is currently trading at $106,871.72 with an increase of 3.14% from the previous day. The greenish numbers influenced traders, who pushed volumes to $79.4 billion, 18% higher than the day before. Bitcoin has now solidified its presence in the market with its dominance at 56.28%, which is only likely to increase in the short term.
Read our Bitcoin Price Prediction for a deeper look at BTC’s future trajectory.
Altcoin Watch: ETH, SOL, XRP Shine
Ethereum gained momentum on its daily chart, with a price increase of 2.29% and is now trading at $3,996.71. While Solana saw a notable rise of 3.57% to $221.09, XRP was the best performer, up 14.58% to $2.69.
Curious about the future of ETH? Read our Ethereum price prediction for potential price targets!
Main winners and losers:
BGB leads the top 100 cryptocurrencies with a 16.67% price increase to $3.81, followed by XLM, which rose 11.83% to $0.463. XRP was in the spotlight, recording a 10.53% increase for the day.
On the losing side, HNT price fell 8.08% to $8.99, followed by ENS, which fell 6.76% to $44.07. VIRTUAL also fell 6.52% to $2.74.
FAQs
Bitcoin is currently priced at $106,871.72, with a gain of 3.14% in the last 24 hours.
Bitget Token (BGB), Stellar (XLM), and XRP were the biggest gainers, with increases of 16.67%, 11.83%, and 10.53%, respectively.
The Fear & Greed Index, with a score of 81, highlights the feeling of “extreme greed” among investors.
