The cryptocurrency market continues to demonstrate activity as Bitcoin, XRP, and Solana show noticeable price changes. This article presents the latest data on price movements and trading statistics.
Bitcoin Prices
The price of Bitcoin (BTC) broke out of a lower timeframe consolidation that had been occurring since last week on Monday. After the breakout, the market dipped down to $105,113 and then changed structure to move upwards. Currently, Bitcoin is trading at $107,909, which is a 1.30% increase from a daily low of $105,333, with trading volume just over $46 billion. Bitcoin's dominance in the market is above 64% with a market cap of $2.14 trillion.
XRP and Solana Dynamics
XRP seems to have similar price actions to Bitcoin, but it's still ranging sideways between the resistance level at $2.6 and the support level at $1.9. At the time of writing, XRP is trading at $2.21, up by 0.73% over the last 24 hours. Meanwhile, Solana (SOL) saw the best price action so far, recording a 2% surge from an intraday low of $145. The current price of SOL is $150.17, with a market cap exceeding $80 billion.
Cryptocurrency Market Overview
Interestingly, despite the market being steady, the overall cryptocurrency valuation saw a noticeable surge of 2.58% in capitalization. At the time of writing, the market is valued at $3.33 trillion, with a trading volume of $100.38 billion. In the past 24 hours, about 93,778 traders were liquidated, with total liquidations hitting $221 million, of which $65.02 million was linked to Bitcoin.
The cryptocurrency market continues to show active fluctuations in prices for Bitcoin and altcoins such as XRP and Solana. Investors are closely monitoring movements as overall trading volume and cryptocurrency capitalization rise.
