Bitcoin remained stable above the $68,000 level. Altcoins are generally on the rise, with the global market cap reaching $2.35 trillion. Today, cryptocurrency prices have once again attracted the attention of investors. Major cryptocurrencies have stopped their downtrend, with Bitcoin (BTC) trading above the $68K level at $68,348. Ethereum (ETH) rose to $2,642, while Solana (SOL) and XRP also traded in the green. The global crypto market cap increased by 0.8% to $2.35 trillion.
Bitcoin is trading up 1% today at $68,480, with intraday lows of $67,521.21 and highs of $68,969.75. Ethereum is up more than 1% to $2,648. Solana is up 1.5% to $154, and XRP is up 1% to $0.5479. Bitcoin’s market dominance has slightly decreased at 57.58%.
Among meme coins, Dogecoin (DOGE) rose 9% to $0.1448, while Shiba Inu (SHIB) gained 3% to $0.00001924. Pepe Coin (PEPE), dogwifhat (WIF), and Bonk also rose between 0.5% and 5%. The Sandbox (SAND) was the day’s top gainer with a 12% increase to $0.2933. Axie Infinity (AXS) and Ondo also rose 12% and 11%, respectively.
Market Indicators
The global crypto market cap increased by 0.8% in the last 24 hours to $2.35 trillion. However, the total market volume decreased by 3.5% to $73.06 billion. Bitcoin and Ethereum ETFs received investment inflows of $273.71 million and $1.91 million, respectively. In addition, Ethereum also made significant transfers to Coinbase, according to Whale Alert data.
This volatility in crypto markets presents investors with various opportunities and risks. While the stable performance of major cryptocurrencies creates a positive atmosphere in the market, the decline in market volume indicates some uncertainty. In the latest hourly charts, Bitcoin fell by 0.05% and Ethereum fell by 0.29%.
Market analysts emphasize that such fluctuations are due to the volatile nature of cryptocurrencies. Investors are advised to closely follow market trends and manage their risks. In addition, increases in ETFs show the interest of institutional investments in cryptocurrencies.