Today, the Bitcoin price steadily increased, surpassing $84,000. Ethereum also shows significant activity, rising above $2,000.
Bitcoin Price Increase
At the time of writing, Bitcoin is trading at $83,700 with a trading volume of $23.2 billion. Despite many analysts predicting a downtrend, Bitcoin has regained past gains and is moving towards the $85,000 resistance level.
Ethereum Activity
Ethereum's price has surged, breaking the $2,000 mark, with a spike of over 7%. The renewed interest in Ethereum ahead of the anticipated Pectra upgrade is contributing to this increase.
Other Cryptocurrencies
Other leading cryptocurrencies like SOL and XRP are still lagging behind, showing only modest gains in line with BTC and ETH. However, EOS has gained over 18%, while HYPE, ENS, and LDO have surged more than 10% in the past 24 hours. Meanwhile, CAKE has declined by 14% today after several days of increases.
Currently, the global cryptocurrency market cap stands at $2.76 trillion with a 24-hour trading volume of $74.36 billion.
