The crypto market continues to rise with a new wave of optimism. Despite a dip in trading volumes, trader enthusiasm remains at an all-time high thanks to Bitcoin's new record.
Bitcoin Sets a New Record
Bitcoin has captured attention with its astounding rally, crossing a new all-time high of $93,434.36. After this heated run, the BTC price stands at $90,039.70. Bitcoin's intraday trading volume fell slightly by 3.29%, hinting at investor caution. However, market confidence strengthened with $817.5 million flowing into Bitcoin ETFs on Tuesday.
Altcoins on the Rise
Ethereum joined the upward circuit with a 1.66% increase, trading at $3,219.48. Solana outperformed ETH with a 5.42% spike to $217.74, while XRP rose 6.19% to $0.6996.
Top Gainers and Losers
Today's standout performer, the PNUT memecoin, rose by 149.05% to $2.18, underscoring investor interest in high-risk assets. Pepe and Mogcoin also stood out, with Pepe up 83.14% to $0.00002371 and Mogcoin climbing 44.19% to $0.0000002431. Conversely, Kaspa fell 2.81%, trading at $0.1297. Stellar declined by 2.16% to $0.1246, and Aerodrome Finance slipped 1.97% to $1.32, signaling selective pullbacks in an otherwise upbeat market.
The crypto market continues to exhibit positive trends, driven by record-breaking achievements and high trader sentiment.
