Altcoins
Altcoins on fire! ETH, SOL, XRP and ADA join Bitcoin’s bullish breakout above $64,000
In a breathtaking twist, Bitcoin surpassed the $64,000 mark, resuming its bullish position after a recent decline to $57,000 last week. This resurgence follows Bitcoin’s fourth halving, signaling renewed optimism in the crypto market.
The crypto market as a whole is seeing a surge, with the global market cap nearing $2.4 trillion, up a notable 1.5% over the past day.
The rise reflects renewed investor confidence, which extends beyond Bitcoin to Ethereum (ETH), Solana (SOL), XRP and Cardano (ADA).
Tracking the Bullish Vibrations: Crypto Price in Brief
Bitcoin (BTC)
Bitcoin leads the charge with a rise of 1.17%, breaking through the $64,000 barrier to settle at an impressive price of $64,132.50. With a market capitalization of $1.26 trillion, this rise portends the start of what enthusiasts call “phase 2 of the running of the bulls”.
Ethereum (ETH)
Decentralized finance powerhouse Ethereum flexed its muscles with a 1.73% rally, hitting $3,148.06. Despite the slight increase, Ethereum’s trading volume saw a slight decline of 3.24%, amounting to $8.28 billion.
Solana (SOL)
In the meantime, Solana made a remarkable comeback, closing in on the $150 mark with a 1.58% rise to $147.81. However, SOL’s trading volume saw a significant drop of 53.70%, standing at $1.51 billion in the last 24 hours.
XRP and Cardano (ADA)
XRP surpassed the $0.53 mark, marking a 1.16% rise to $0.5339, accompanied by a sharp 19.07% increase in trading volume, reaching $540.58 million. Cardano (ADA) also saw a slight rise of 0.64%, settling at $0.4588, but with a 13.99% drop in trading volume to $222.55 million.
MemeCoins
Dogecoin (DOGE) and Shiba Inu (SHIB) prices both saw gains today, with DOGE up 1.77% to $0.1626 and SHIB up 1.22% to 0 .0000$2479.
Top winners and losers
Today’s top performers include Worldcoin (WLD), up an impressive 16.80% to $5.87, Fetch.ai (FET) up 12.99% to $2.40 and SingularityNet (AGIX) up 12.28% to $0.9827 . On the other hand, notable laggards include Dogwifhat (WIF) down 3.10% to $3.30, Core (CORE) down 1.79% to $1.94, and Sei (SEI) down by 1.02% to $0.5672.
Positive momentum in the cryptocurrency market today reflects growing investor confidence, with notable performances across various altcoins suggesting an optimistic outlook for the broader crypto space.
With investor confidence on the rise, where does the crypto market go next? Stay tuned to Coinpedia to find out!
Also discover: Crypto Researcher Reveals Top 6 Altcoins for 10-100x Profits This Altseason