The crypto market today experiences moderate volatility, reflected in Bitcoin's stable position and significant growth in Dogecoin.
Bitcoin Maintains Stability
Today, Bitcoin's price maintained the $88,000 level, trading between $87,000 and $88,600, hitting a daily high of $88,640. At the time of writing, Bitcoin is trading near $88,200, up 1.2% in the past 24 hours. Its 24-hour trading volume stands at $28.42 billion according to Coinmarketcap data.
Altcoin Market Growth
While most leading altcoins remain neutral, Dogecoin (DOGE) has risen 10% over the last 24 hours. DOGE's price has increased by 21% over the past week. Among other mid-cap altcoins, MOVE jumped 18%, and POL, ZEC, and CRV rose nearly 10%.
Current Market Dynamics
Some altcoins like SATS and PI have declined by 20% and 11%, respectively. The global crypto market cap today sits at $2.89 trillion with a 24-hour trading volume of $75.76 billion.
Today's cryptocurrency market is characterized by moderate volatility. Despite the stability of leading assets like Bitcoin, some altcoins, including Dogecoin, show significant growth.
