Today, the cryptocurrency market continued its positive movement, increasing its capitalization by 2.31% to $2.08 trillion. Bitcoin price tested the $61,000 level before correcting back to $60,000 due to rising hopes of rate cuts in the upcoming FOMC meeting. However, cryptocurrencies ETH, SOL, and XRP failed to show significant improvements.
Bitcoin Price Today
At press time, the BTC price is at $60,463.23, marking a gain of 3.33% in the past 24 hours. Bitcoin has also seen a 39.86% spike in trading volumes. This surge is attributed to ETF inflows and Singapore-based DBS announcing its plan to launch BTC and ETH options trading.
Altcoins Update: ETH, SOL, XRP
Ethereum continues to hold its price level at $2,300, with negligible gains of around 1%. Solana and XRP prices saw a dip of 0.8% and 1.43%, which took their prices to $131 and $0.5784 respectively.
Top Crypto Gainers and Losers
Top crypto gainers today: - Nervos Network (CKB) leads the list with 15.42% gains, pricing at $0.01819. - Bittensor (TAO) ranks second with a price surge of 11.67%. - Immutable X (IMX) price rose 9.87% to reach $1.37. Top crypto losers today: - Helium (HNT) continues its fall, marking a loss of 3.86% at $6.75. - Arweave (AR) dropped by 3.34%, trading at $18.47. - Maker (MKR) saw a loss of 3.18%, pricing at $1479.46. The cryptocurrency market has shown positive movements in the past 24 hours. With the improving fear and greed index, volumes have also risen by 25.11%, reaching $77.32 billion.
With the improving situation in the cryptocurrency market, there is a continued rise in trading volumes and market capitalization. However, despite the overall positive movements, some cryptocurrencies remain stagnant or declining.
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