Key Highlights:
- The price of Bitcoin rises by 2.95% crossing $66536 with trading volume increasing by 49.65%.
- Shiba Inu take the day, and become the most bullish token, with a 21.98% hike in price.
- Ethereum and Solana continue to experience an uptrend in price and are up by 1.96% and 5.22%, for Ethereum and Solana respectively.
Market Overview:
For the last 24 hours, the overall market capitalization has posted good gains appreciating by 3.11% to $2.29 trillion. Besides this, there was a rise in the trading volume by 34.58% to $86.92 billion. However, this bullish movement is not accompanied by a strong positive market sentiment as is reflected by the Fear & Greed Index of 54.
Bitcoin Crosses $65K Mark:
At the moment, Bitcoin (BTC) seems to be quite buoyant and, is at $65,310.29 and has gone up by 2.95% within a single day. Increased interest is manifested by the fact that the trading volume of BTC increased by 49.65% which shows that there is increasing interest in the leading cryptocurrency. Currently, the $66K remains the significant resistance level of interest among traders, as a breakout can occur upon its crossing.
Ethereum and Solana’s Steady Climb:
The cryptocurrency Ethereum grew by a slight 1.96% and is trading at $2,645.59 for the day. While not as large as the BTC movement, ETH is set for an upward mover if it will be able to clear the $2,700 psychological level.
Solana (SOL) paints a different picture altogether; within the past week this token has risen by 5.22% and is currently priced at $156.84. There is always hope among the investors that SOL will have something big on the long-term time horizon as it has been outcompeting other top coins.
At the same time, XRP gained only 1.12% and its price rose to $0.5896, Dash also showed some growth and the price rose to $163. While XRP as an asset is behaving in tandem with the rest of the market, it has not pulled off any major gains yet.
Top Gainers:
Shiba Inu (SHIB): The CO2 price increased by +21.98% and was evaluated at $0.00001895.
Conflux (CFX): +19.18%, trading at $0.1862
Bonk (BONK): Up by more than 18.78% in terms of value, the coin is currently valued at $ 0.00002203
Top Losers:
Unus Sed Leo (LEO): -2.13%, now priced at $5.83
Monero (XMR): -1.44%, today they are at a value of din 162.32
Bittensor (TAO): -0.41%, trading at $547.63
