Positive changes continue in the cryptocurrency market. Bitcoin and Ethereum are reaching new levels, attracting investor attention.
Current State of Cryptocurrencies
Bitcoin (BTC) has surpassed $118,000, and Ethereum (ETH) is finding buyers above the crucial resistance level of $4,100. Over the past 24 hours, trading volume has exceeded $170 billion, maintaining high levels compared to Sunday. While Bitcoin's market dominance has softened somewhat, the total market capitalization of cryptocurrencies is on the verge of crossing the $4 trillion mark. Investor appetite for risk is rising, which is clearly visible in the ETH chart.
Rising Altcoins
In recent days, several altcoins have shown significant growth. RAY Coin surged over 15% in the last 24 hours and climbed 36% for the week, making it a leader among the top 100 cryptocurrencies. AERO Coin, which gained attention recently, continues its ascent, with a weekly gain of 56%. Other altcoins such as KCS and LDO are also performing positively, with LDO exceeding $1.3.
Prospects of the Cryptocurrency Market
With positive expectations ahead of potential events like Trump's meeting with Putin, a Fed interest rate cut, and decreasing tariff pressure, the cryptocurrency market may be looking forward to favorable changes. Overall, the situation in the market remains positive, and investors are watching further developments closely.
The cryptocurrency market shows positive trends with the growth of Bitcoin and Ethereum, alongside altcoins, which could signify a bright future for investors.
