The cryptocurrency market has kicked off the weekend on a positive note, showcasing a refreshing wave of optimism among traders and investors. With the market cap of the sector climbing by 2.74%, it now stands at an impressive $2.75 trillion. This upward movement shines against the backdrop of a slight cooling in daily trading volumes, which have dropped 14.82% to $76 billion. The current market sentiment reflects a sense of caution as the Fear & Greed Index remains stuck at a low 22, indicating that while there’s positivity in price movements, many remain wary of the market’s volatile nature.
Bitcoin Price Holds $84k
In this bullish environment, Bitcoin has demonstrated remarkable resilience, holding firm above the $84k threshold. The leading cryptocurrency has experienced a 24-hour price spike of 2.96%, even amidst a notable 3.79% decline in trading volume, which is now at $28.4 billion. Bitcoin’s market capitalization remains robust at $1.67 trillion, with its price action fluctuating between $81,771 and $85,263 during this timeframe. For those interested in a deeper dive into Bitcoin’s price trajectory, we invite you to check out our Bitcoin Price Prediction 2025, 2026-2030!
Altcoins Flash Green: Solana Surges Big?
Meanwhile, the altcoin market is also witnessing impressive gains. Ethereum has enjoyed a healthy uptick, gaining 1.91% over the last 24 hours. XRP put in a commendable performance as well, surging by 6.37%. However, the biggest spotlight is on Solana, which has climbed an astonishing 7.09%, marking it as today’s leading large-cap asset. With its momentum, Solana has positioned itself as a formidable player in the crypto landscape, attracting attention from both investors and analysts alike. Explore more about Solana’s potential in our Solana Price Prediction 2025, 2026-2030!
Top Gainers & Losers
As we assess the overall performance of the crypto market, a closer look at the top gainers and losers reveals some interesting movements. HYPE leads the charge in the top 100 altcoins with a remarkable 12.08% jump, followed closely by ATOM which has seen a gain of 10.92%. KAS is also doing well, up by 9.72%. On the flip side, not all tokens are experiencing growth; PI has recorded the sharpest decline, dropping 15.08%. TIA and TRX have also slightly dipped, losing 1.54% and 1.47% respectively. The dynamic nature of these movements underscores the continual ebb and flow of market interest and investor sentiment. Stay tuned for daily updates from the world of cryptos!
FAQs
At press time, Bitcoin is priced at $84,255.41.
HYPE, ATOM, and KAS are today’s top gainers with 12.08%, 10.92%, and 9.72% respective gains.
Solana price has risen 7.09% in the past 24 hours, leading the altcoin pack.
