The cryptocurrency market has reached a new high with a capitalization of over $3.7 trillion. Bitcoin's price hit a new all-time high of $106,488.25, indicating strong bullish sentiment.
Bitcoin (BTC)
Bitcoin added 2.23% in 24 hours with a trading volume of $62.123 billion, achieving a new ATH of $106,488.25. It rose by 5.83% over the week and 14.67% in the last 30 days. The SMA supports the price on the daily chart, while the MACD shows mixed signals. If bullish sentiment continues, the price could reach $110,000.
Ethereum (ETH)
ETH's price maintained its bullish trend, adding ~2% over the day and surging 26.84% over the month, with a YTD return of 73.88%. The RSI might show a bullish convergence, and its SMA suggests continued value gains. If the market remains bullish, ETH could reclaim the $4,000 mark, potentially rising to $4,500.
Ripple (XRP)
Despite bearish movement last week, XRP surged 146.68% over the month, with a YTD return of 291.52%. MACD shows rising bearish pressure, but if bullish sentiment persists, XRP could surpass $2.5 and approach $3.
The cryptocurrency market continues upward, though short-term price fluctuations remain significant. Investors watch closely for bullish and bearish signals across valuable assets.
