The cryptocurrency market continues to attract attention with rising prices. Bitcoin has reached a new record, and leading altcoins also show a confident upward trend.
Current Status of Bitcoin and Altcoins
In the last 24 hours, Bitcoin (BTC) increased by 4%, reaching the $90,000 level. BTC’s market dominance saw a rise of 0.3%, creating a positive atmosphere. Ethereum (ETH) traded at $3,239, showing a 2% increase. Solana (SOL) and XRP also maintained their upward trends. Noted analyst Peter Brandt stated that the market is on an upward trajectory, expressing his expectation for further increases in BTC prices.
Top Gainers and Losers in Cryptocurrency
In the past 24 hours, Peanut the Squirrel (PNUT) soared by 170%, reaching $2.20. Following this, Pepe Coin gained 77%, and dogwifhat saw a 38% increase. Popular coins Dogecoin (DOGE) and Shiba Inu (SHIB) also recorded notable gains. Conversely, Cronos (CRO) dropped 15%, settling at $0.1526. Kaspa (KAS) fell by 6% to $0.1273, while Stellar (XLM) lost 5% of its value.
Overall Trends in the Cryptocurrency Market
The total value of the cryptocurrency market increased by 3%, reaching $2.98 trillion. However, the overall market volume declined by 3.5%, totaling $308.42 billion. Notably, optimism is expected in the market for the final quarter of the year, particularly after Trump’s victory in the U.S. elections.
Significant movements are occurring in the cryptocurrency market. Bitcoin’s record levels and the appreciation of altcoins are garnering investor interest. However, the decline in market volume necessitates cautious behavior among traders.
