The global cryptocurrency market experienced a significant increase, market capitalization increasing by 2.63% to reach 3.56 billions of impressive dollars. This increase can be awarded to the recent decision of the Federal Reserve to have stable interest rates between 4.25% and 4.5%. As a result, investors’ feeling and negotiation volumes have experienced significant growth, with 24 -hour commercial volumes, reaching 12.65% to 128.32 billion dollars. At the same time, the Fear & Greed index has also reached a neutral score of 54, up compared to the 50 -day score, reflecting increased optimism on the market.
Bitcoin (BTC) continues to consolidate its dominant cryptocurrency position on the market, recording a substantial increase of 2.99% in the last 24 hours. BTC is currently negotiated at $ 105,219.96, its domination of the market reaching 58.49%. This increase in the Bitcoin price has strengthened its market capitalization, which now amounts to 2.08 billions of dollars. The increase in Bitcoin’s value demonstrates the high confidence of investors and the growing interest in the main cryptocurrency. With a 24 -hour negotiation volume of $ 52.4 billion, Bitcoin continues to lead the cryptography market with coherent bullish momentum.
Ethereum (ETH), another best player in the cryptocurrency market, has also experienced a positive movement, increasing by 2.23% in the last 24 hours. Ethereum is currently negotiating at $ 3,188.43, showing resilience in the middle of a wider market rally. The growth of Ethereum’s value can be attributed to the continuous interest in decentralized finance (DEFI) and the potential of Ethereum 2.0, which promises increased energy efficiency and efficiency. Ethereum remains one of the most popular cryptocurrencies, attracting substantial investments while it continues to evolve and expand its use cases.
Solana (soil) has outperformed many major altcoins, reaching a remarkable increase of 4.07% prices, now negotiating $ 2,39.57. Solana drew attention because of its rapid transaction speeds and low costs, positioning itself as a viable alternative to Ethereum for decentralized applications and intelligent contracts. Its growing adoption and strong technical capacities continue to attract investors and developers, helping to stimulate its recent price increase.
XRP, despite legal challenges and regulatory obstacles, experienced a modest price increase of 0.08%, negotiating $ 3.11. Although XRP growth has been limited compared to other major cryptocurrencies, it remains an important player on the market. XRP is strongly involved in the financial sector, offering fast and low -cost cross -border payments. As the legal battle between Ripple and the American Commission for Securities and Exchange (SEC) progresses, the future of XRP remains uncertain, but it continues to hold the ground.
Among the best winners on the market, XCN (channel) experienced the largest increase, increasing by 33.09% to $ 0.03623. This gathering put XCN under the spotlight, attracting the attention of traders in search of new opportunities in cryptographic space. The other notable winners include Ondo, which saw an increase of 15.11% to $ 1.58, and the beaten, which climbed from 13.87% to $ 25.79.
On the other hand, Dex (Dex) faced a sharp drop, lowering from 9.97% to $ 17. Pingou and WIF also experienced losses of 5.03% and 3.28%, respectively. Despite these losses, the global feeling of the market remains positive, investors considering potential growth opportunities in various cryptocurrencies.
In conclusion, the recent gathering on the cryptography market is motivated by strong performance of Bitcoin, Ethereum, Solana and a certain number of altcoins, in particular XCN. While some altcoins are fighting, the global prospects for the market remain optimistic, fueled by the decision to maintain stable interest rates and growing confidence in the future of the sector.
Publication views: 16
