The crypto market today has been trading mostly sideways, with a modest change in numbers. The total market capitalization increased by 1.22% to $3.25 trillion, and the trading volume rose slightly by 4.61% to $107.47 billion. The Fear & Greed Index remains at 38, indicating a cautious attitude among marketers.
The price of Bitcoin increased by 0.98% over the last 24 hours and reached $97,581.66. However, BTC has remained within a narrow trading range, showing indecision among traders. Bitcoin’s dominance stands at 59.54%, slightly lower than before, as interest in altcoins grows.
XRP has seen a significant surge among major altcoins, with an 8.86% increase to $2.79. This surge comes after the SEC officially accepted Grayscale’s ETF proposal for review. Ethereum also posted a 0.92% gain, trading at $2,721.18, while Solana added 1.07% to reach $197.16.
The top gainers in the market include MANTRA, which jumped 40.66% to $7.89, TRUMP, which gained 28.22% and reached $21.18, and WIF, which climbed 14.81% to $0.7057. On the other hand, the top losers include CAKE, which dropped 5.98% to $2.56, XCN, which fell 5.72% and traded at $0.02174, and BGB, which declined 5.18% to $5.32.
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In terms of frequently asked questions, the price of 1 Bitcoin at the time of press is $97,581.66. The tokens that have surged the highest today are MANTRA, TRUMP, and WIF, with gains of 40.66%, 28.22%, and 14.81% respectively. Ethereum has seen a 0.92% increase in the past 24 hours, trading at $2,721.18.
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