The cryptocurrency market cap showed solid improvement today, rising by 1.78% to reach a total of $2.32 trillion. Trading activity also spiked
The cryptocurrency market cap showed solid improvement today, rising by 1.78% to reach a total of $2.32 trillion. Trading activity also spiked, with the 24-hour volume climbing by a noteworthy 37.10% to $59.79 billion. Market sentiment, as indicated by the Fear & Greed Index, rests in neutral territory at 54, hinting at balanced emotions among investors amid recent fluctuations.
BTC price today: Bitcoin edges closer to ATH
Bitcoin price is continuing its march higher, showing a 2.33% increase over the past 24 hours to reach $68,691.5. This rally has been accompanied by a strong surge in trading volume, up by 57.88%. With BTC dominance remaining nearly the same at 58.4%, market participants are eager to see if Bitcoin will hit new highs or encounter resistance at the crucial psychological level.
Among the top altcoins, Solana and XRP have both recorded modest gains of 1.32% and 1.49%, respectively. However, one smaller asset that deserves attention is Neiro, which has seen a remarkable 5.44% boost to $0.001603, making it a high performer in today’s altcoin market.
Mantra leads the way in today’s top gainers, surging by 9.50% to reach $1.38. Close behind is Popcat, which experienced an 8.11% increase to $1.54. Additionally, THORChain followed suit with a 6.99% uptick. The focus on meme coins continues to captivate traders, with many looking for these tokens to accelerate gains in the coming sessions.
As for the top losers, SUI has faced some pressure, dipping by 4.95% to $1.70. Following closely is MEW, which decreased by 3.26% to $0.009683. Celestia also slipped, going down 2.75%, showing a slight pullback as traders adjust their positions.
With a neutral sentiment prevailing and investors keeping a close eye on any shifts in the market, the rise of assets like Mantra and Neiro is something traders may want to keep in mind.
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