Crypto Market Logs a Modest Rise, Bitcoin (BTC) Holds Above $90k, Altcoins Post Mixed Performance

The crypto market has posted a subtle rise over the past 12 hours, surging 0.90% to hit a market cap of $3.08 trillion.

The crypto market has posted a subtle rise over the past 12 hours, surging 0.90% to hit a market cap of $3.08 trillion. In the meantime, the trading volume rose by 32.43%, taking the numbers to $198.5 billion. Despite the sideways trend, the market sentiments remain exceptionally positive, with the Fear & Greed Index at 83, signaling “Extreme Greed” among investors and traders.

Bitcoin Holds Above $91k, BTC Dominance Stays Tough

Bitcoin price has registered a slight dip of 0.58% to a price tag of $90,562.61. Despite this minor pullback, Bitcoin’s market capitalization continues to remain high at $1.81 trillion. On the other hand, BTC’s market dominance stays at $1.81 trillion. These figures come from investors and traders keeping a keen eye on potential regulatory developments and global macroeconomic cues.

Curious about BTC’s outlook? Our comprehensive Bitcoin Price Prediction might provide the answers you’re seeking.

Altcoin Watch: Mixed Performance for ETH, SOL, XRP

Ethereum has shown resilience, edging up by 0.91% to $3,132.48, indicating robust interest among traders. Solana saw a 1.23% decline to $239.86, showcasing some turbulence amid broader market fluctuations. XRP struggled as well, dropping by 2.32% to $1.11, hinting at possible profit-taking after previous rallies.

For a closer look at what might be next for Ethereum, check out our Ethereum Price Prediction.

Top Gainers & Losers of the Day

Hedera has emerged as the front-runner among the top 100, soaring by 41.43% to $0.151, buoyed by ongoing ecosystem developments. Tezos (XTZ) followed closely, spiking by 30.50% to $1.08, driven by recent partnerships and platform upgrades. Akash Network (AKT) rounded out the top gainers, up by 23.24% to $4.12, amid growing interest in decentralized cloud services.

On the flip side, PNUT led the decliners, shedding 12.41% to $1.54. GOAT and MANTRA weren’t far behind, dipping 11.42% and 10.69% respectively, possibly due to market corrections after previous gains.

Stay tuned for daily updates to keep ahead of the evolving crypto landscape.

FAQs:

Bitcoin (BTC) price at the time of press is changing hands at $91,547.83

Bitcoin’s ATH stands at $93,434.36

1 Ethereum (ETH) token costs $3,132.48

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