Today's cryptocurrency market has showcased significant movements, despite ongoing pressure from trading tariffs. The most notable event is the rise in Bitcoin's price.
Bitcoin's Price Rise
Bitcoin's price has risen by 1.39% over the last 24 hours, reaching $84,338.46. Its market cap stands at $1.67 trillion, with a trading volume increasing by 5.29% to $28.58 billion. The price range fluctuated between $82,550.70 and $85,487.37. Metaplanet Inc. has increased its BTC holdings by 696 coins, underscoring institutional interest.
Altcoins Face Challenges
Ethereum posted a 0.44% increase, trading at $1,856.54, while XRP fell by 1.58% to $2.08. Solana declined by 2.05%, reaching $124.02. These fluctuations highlight uncertainty in the altcoin sector.
Top Gainers and Losers of the Day
Among the top gainers, EOS rose by 18.42% to $0.8001. CRO gained 6.72%, reaching $0.1059, while ZCash climbed 4.87% to $40.96. Among the top losers: DeXe, which plunged by 18.89% to $14.60, IP dropped by 12.54% to $4.18, and FORM fell by 11.42% to $2.12.
Despite the pressure from trading tariffs, the market overall shows signs of resilience. Bitcoin maintains its leadership position, while the altcoin sector continues to face challenges, reflecting current market movement and sentiment.
