Bitcoin Price Struggles to Build Momentum, While Bitcoin SV Surges 14%
The cryptocurrency market showed a rather modest recovery today, with its market capitalization rising only slightly by 0.19% to $3.28 trillion. Intraday trading volume fell 7.81% to $139.18 billion due to growing uncertainty. These numbers directly impact the Fear & Greed Index, which currently stands at a neutral score of 48, reflecting cautious action by investors and traders.
Bitcoin awaits bull run?
Rising U.S. Treasury yields and a stronger U.S. dollar have severely hampered Bitcoin’s rise to $100,000. BTC price has increased by 0.44% in the past 24 hours to $94,103.99. Despite a 4.75% drop in trading volume to $57.79 billion, Bitcoin’s market capitalization remained at $1.86 trillion. Talking about ETFs and their volumes, Bitcoin saw $34 million in inflows the previous day. That being said, Bitcoin is now waiting for the bulls to make some moves on the daily chart.
Explore our Bitcoin Price Prediction Conduct a detailed analysis of its potential trends.
Altcoins Today: ETH, SOL Fall, while XRP Gains
Ethereum, the second-largest cryptocurrency, edged down 0.24% to trade at $3,235.44. Solana fell 1.71% to $185.52, while XRP was the standout performer, gaining as much as 2% to trade at $2.33. These mixed trends highlight the continued volatility in the altcoin space.
Stay up to date with our insights Ethereum Price Prediction and Solana Price Prediction.
The biggest increase:
- Bitcoin SV (BSV): +14.38% to $59.53.
- Iota: +11.03% to $0.3401.
- Phantom (FTM): +6.16% to $0.6952.
Biggest Loser:
- Virtual: -9.52% to $2.88.
- SPX6900: -6.52% to $1.09.
The rise of BSV and IOTA highlights renewed interest in mid-cap tokens, while VIRTUAL’s decline reflects temporary bearish pressure.
Subscribe to follow daily updates to navigate the dynamic cryptocurrency market.
FAQ
As of this writing, the price of 1 Bitcoin (BTC) is $94,103.99.
BSV (+14.38%), IOTA (+11.03%) and FTM (+6.16%) were the top gainers today.
The Fear & Greed Index is 48, indicating neutral sentiment.