The cryptocurrency market has resumed its upward momentum, with market capitalization increasing by 0.78% in the past 24 hours to $3.36 trillion. Market sentiment is becoming increasingly optimistic.
Current State of the Cryptocurrency Market
The cryptocurrency market is showing positive trends, with trading volume increasing by 1.71%, totaling $141.83 billion. The Fear & Greed Index indicates a score of 73, reflecting greedy sentiment among investors.
Bitcoin: Towards New Heights
Bitcoin, as the market leader, is trading at $104,306.94, up 10.46% over the past week. If the price surpasses the $106k level, it could lead to a new all-time high.
Altcoin Outlook
Several altcoins are showing promising results. BNB has reached $672.36 with a 13.61% increase. Sui surged 21.88% to $4.14. Pi Network climbed 158.64% to $1.52. XRP trades at $2.42, while TRX is at $0.2711. All these assets have the potential to reach new all-time highs.
The cryptocurrency market shows confident growth, with positive expectations for both Bitcoin and a range of altcoins that may set new records in the coming days.
