The global cryptocurrency market has experienced a positive shift, with a 0.69% increase bringing the total market cap to $2.36 trillion. The 24-hour trading volume saw an impressive 80.85% surge, reaching $76.3 billion. Market sentiment continues to trend in the “Greed” zone, as indicated by the Fear & Greed Index at 63.
Bitcoin Overview: BTC Remains Below $70k, Despite $20B ETF Inflow?
Bitcoin’s price remains steady, slipping slightly by 0.24% to $68,210.67, though it briefly touched above $69,000 for the first time in a month. The correction despite the $20B ETF inflow has been a let-down for investors. Irrespective of this minor setback, Bitcoin dominance holds at 57.2%. Interestingly, Bitcoin’s 24-hour trading volume spiked by 92.86%, suggesting heightened market activity. Though the all-time high of $73,750.07 remains distant, the market seems poised for potential upward movement.
Keen about BTC’s future price targets? Our Bitcoin Price Prediction answers that and much more!
Altcoin Highlights: Apecoin & MEW Memecoins Lead Gainers
ETH price continues its upward trajectory, rising 2.23% to $2,706.51, with Ethereum’s dominance now at 13.8%. Solana also saw a solid 4.74% rise, hitting $166.34, while XRP joined the rally with a 2.99% gain, now at $0.5561.
Curious about the long-term price targets of ETH? Read our Ethereum Price Prediction
Memecoins and altcoins have once again captured the spotlight, with several experiencing impressive gains. Apecoin led the top gainers with a 26.67% jump, followed by dydx, which surged 17.39%. Memecoin MEW also climbed 10.17%, adding fuel to the ongoing meme coin rally.
Top Gainers:
- Apecoin: $1.74 (+26.67%)
- dydx: $1.20 (+17.39%)
- MEW: $0.009384 (+10.17%)
Top Losers:
- First Neiro on Ethereum: $0.001747 (-7.43%)
- Immutable: $1.58 (-3.52%)
- Aerodrome Finance: $1.26 (-3.47%)
As the market remains in a “Greed” phase, investors are keeping a close watch on Bitcoin’s next moves, while altcoins and meme coins continue to lead the charge, offering exciting opportunities for gains.
Earn more PRC tokens by sharing this post. Copy and paste the URL below and share to friends, when they click and visit Parrot Coin website you earn: https://parrotcoin.net0
PRC Comment Policy
Your comments MUST BE constructive with vivid and clear suggestion relating to the post.
Your comments MUST NOT be less than 5 words.
Do NOT in any way copy/duplicate or transmit another members comment and paste to earn. Members who indulge themselves copying and duplicating comments, their earnings would be wiped out totally as a warning and Account deactivated if the user continue the act.
Parrot Coin does not pay for exclamatory comments Such as hahaha, nice one, wow, congrats, lmao, lol, etc are strictly forbidden and disallowed. Kindly adhere to this rule.
Constructive REPLY to comments is allowed