Bitcoin at $97k, as Market Stabilizes?
The cryptocurrency market has stabilized today after plummeting over the past two days. The new hope led to a 2.48% increase in market capitalization to $3.37 trillion. Although intraday trading volume fell sharply by 42.36% to $207.62 billion, overall market sentiment remained bullish, with the Fear and Greed Index highlighting a “greed” score of 62.
Bitcoin price remains stable
Bitcoin has been holding steady at $97,252.93 today, a slight increase of 0.11% from the previous day. Although trading volume fell by 49.55% to $62.25 billion, its dominance remained strong, contributing $1.92 trillion to global market capitalization. Investors remain optimistic, driven by a solid performance amid a broader market correction.
Altcoin Watch: ETH, SOL prices slide, XRP rises
Altcoins are painting a different picture. Ethereum price edged lower by 0.40% to trade at $3,373.96, while Solana fell significantly by 2.45% to $184.95. XRP, on the other hand, rose 0.43% to trade at $2.24, showing the resilience of the select asset.
For a deeper dive into the future of Bitcoin, explore our Bitcoin Price Prediction.
Biggest winners and losers
Among the top gainers, MOVE topped the list with an impressive 23.79% surge to $1. VIRTUAL followed, rising 15.06%, with a share price of $2.67; PENGU rose 13.75%, with a share price of $0.0303.
For a detailed analysis of Ethereum, check out our Ethereum Price Prediction.
APTOS, on the other hand, suffered the biggest decline, falling 6.92% to $9.89. HBAR and KAS also fell by 2.86% and 2.81% respectively, reflecting mixed sentiment in the broader altcoin market.
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FAQ
The Fear & Greed Index is 62, indicating “greed” and reflecting positive investor sentiment.
MOVE, VIRTUAL and PENGU performed best, with increases of 23.79%, 15.06% and 13.75% respectively.
Bitcoin has gained 0.11% in the past 24 hours and is trading at $97,252.93.
