The crypto prices today have ignited considerable investor optimism, regaining a bullish movement. Bitcoin (BTC) price soared to trade at the $67K level, whereas the highest-ranking altcoins by market cap followed with a rising momentum. The global crypto market cap witnessed a 2.85% increase in value to rest at $2.38 trillion today. Further, the total crypto market volume over the past day saw a 9.50% increase to $83.84 billion.
#SolanaUSTD #solonapumping #Sol The price of Solana $SOL has risen by 2.5% in the past 24hours, climbing to $177.81on a day when the cryptocurrency market has barely scraped a 0.3% gain. This means SOL is now up by an impressive 16% in a week and by 32% in a month, with the altcoin – the fifth-biggest crypto in the market – also sitting on a very handsome 585% increase in a year. These percentages make it one of the best-performing major tokens over short, medium and longer terms, with the alt
Bitcoin’s price experienced notable volatility over the past week. Last Friday, the largest digital asset plummeted to a multi-day low of under $63,500, only to rebound by Saturday to just over $67,000. The usual weekend lull was disrupted by significant political news, as US President Joe Biden announced his decision to withdraw from the 2024 presidential race. This political upheaval resulted in an immediate $2,000 drop in Bitcoin’s price on Sunday.
The Immediate Impact of Biden’s Announcement
The surprise announcement from Biden not only affected BTC prices but also led to an overall bearish sentiment in the market. By Monday, Bitcoin managed to rally, reaching a six-week high of over $68,400. However, it failed to sustain this momentum and fell back to $66,000 by Tuesday. Additional price swings occurred when the spot Ethereum ETFs began trading, with bears taking control and pushing Bitcoin below $65,600 at one point. Currently trading at $66,349