The cryptocurrency market continues to show strong bullish momentum today, with the global market cap reaching $3.5 trillion, marking a 0.89% increase. Trading volume has also seen a significant spike of 18.58%, reaching $275.6 billion. The Fear & Greed index currently sits at 73, indicating a sentiment of “Greed” among investors.
Bitcoin (BTC) has maintained its position above the $98k mark, with a price of $98,381.10 and a minimal 1.02% increase in the last 24 hours. The trading volume for BTC has also seen a notable uptick of 15.11%, reaching $95.68 billion. With a market share of 55.56%, Bitcoin continues to exert influence over the market.
In the altcoin space, XRP has emerged as a top performer today, surging by 8.31% to reach $2.36. Ethereum, on the other hand, saw a modest price increase of 0.22% to $3,728.12, while Solana rose by 5.06% to $225.13. Investor confidence in XRP remains strong, as evidenced by its significant price jump.
Among the top gainers in the market today are Bitget Token (BGB), which soared by 22.99% to $3.26, Raydium (RAY) with a 20.62% increase to $5.47, and XDC Network (XDC) gaining 14.22% to reach $0.09229. On the flip side, Movement (MOV) experienced a 14.39% decline to $0.6841, Curve DAO Token (CRV) dropped by 6.23% to $1.09, and Maker (MKR) fell by 5.36% to $1,828.82.
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