Bitcoin Maintains Momentum Amid Extreme Greed
Today, the cryptocurrency market rose slightly, with the global market capitalization rising by 2.99% to $3.32 trillion. However, trading volume fell slightly by 0.42% to close at $198.78 billion. The Fear and Greed Index soared to 84, indicating optimism and extreme greed in the market.
Bitcoin keeps growing amid record dominance
Bitcoin continues to rise, rising 2.40% in the past 24 hours to $95,473.66. Although trading volume fell by 7.85% to $71.53 billion, BTC’s dominance surged to 57.04%, solidifying its control over the market. Bitcoin has a market capitalization of $1.88 trillion, and its performance reflects growing investor confidence amid heightened market enthusiasm.
Explore our comprehensive Bitcoin Price Prediction Understand BTC’s potential trajectory.
Altcoins show mixed trend
Ethereum led altcoin gains, rising 4.17% to $3,626.40, while Solana and XRP gained 0.83% and 2.75% respectively. These moves highlight growing interest in major altcoins and are in line with bullish sentiment in the broader market.
For a deeper look at Ethereum’s price outlook, check out our Ethereum Price Prediction.
Top Performers: Ethereum Name Service Leads the Way
- Ethereum Name Service (ENS): It surged 42.73% to $36.48, leading the market higher.
- Athena: Up 10.40%, the current price is $0.7155.
- Ethereum Classic (ETC): Up 9.94% to $32.71.
Lagging Assets: The Fall of Lido DAO and Algorand
- Lido Island (LDO): It fell 2.85% to $1.67.
- Algorand (something): It fell 2.58% to trade at $0.291.
- Radium (RAY): It fell 2.18% to $5.39.
The cryptocurrency market remains dynamic, with Bitcoin’s resilience and altcoins’ mixed performance painting a diverse picture. With extreme greed fueling the rally, investors are keeping a close eye on continued momentum or a potential correction.
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FAQ
As of press time, the price of 1 Bitcoin (BTC) is $95,473.66
Ethereum Name Service (ENS), Ethena (ENA), and Ethereum Classic (ETC) saw the highest gains today, with increases of +42.73%, +10.40%, and +9.94% respectively.
Ethereum (ETH) price rose 4.17% in the past 24 hours to $3,626.40