The cryptocurrency market is in a stable position, increasing modestly by 0.52% in the past 24 hours, with a market capitalization of $2.29 trillion. Market sentiment had a neutral score of 54 on the Fear & Greed Index. Subsequently, the 24-hour trading volume increased by 4.26% to $49.81 billion.
Bitcoin price today: Will BTC aim for even higher levels?
Bitcoin price showed stability compared to the previous day, increasing by 0.86% to $67,649.50 in Asian time today. Bitcoin ETFs recorded $997.7 million worth of inflows over the past week. Bitcoin’s continued strength is fueling optimism for further upside, as investors look for signs that BTC could test higher resistance levels soon.
Curious about what’s next for BTC? Read our Bitcoin Price Prediction for insights!
Altcoin Action: Solana Rises as XRP Pauses
Solana (SOL) was in the spotlight among altcoins, rising 1.51% to $174.91, showing solid momentum amid market stability. Ethereum (ETH) followed with a modest increase of 0.20% to $2,481.54, while XRP (XRP) remained relatively stable, declining slightly by 0.35% to $0.5125.
Curious about Ethereum’s outlook for 2024? Our Ethereum price prediction has all the answers!
Top gainers:
Mantra (OM) emerged as a top contender, surging 10.80% to $1.41. Dogecoin (DOGE) also impressed, rising 4.51% to $0.1443. ORDI followed, adding 3.63% to $33.08. These double-digit gains highlight investor interest in volatile assets within the crypto market.
Top losers:
Conversely, MEW had the steepest decline among the top 100, dropping 6.89% to $0.009465. This was followed by SUI and MOG, which experienced short-term pullbacks, dropping 6.70% and 5.69%, respectively.
While Bitcoin and memecoins are gaining traction, altcoins like Solana are also showing promise, with investors keenly watching market signals for further developments. The cryptocurrency market continues to evolve every day, so stay tuned.
