Market Update

Bitcoin and altcoin prices rise as Bitcoin turns 16 years old?

Bitcoin is 16 years old, and the price is at 96 thousand

Bitcoin has entered its sixteenth year of existence and has created a huge buzz among marketers. Despite the sideways trend, Bitcoin price recorded a marginal increase of 1.11% to $96,635.50. The market cap now stands at $1.91 trillion, which has seen an increase with intraday trading volume rising 43.03% to $41.46 billion.

Read our in-depth Bitcoin price forecast To reveal the future potential of BTC in the current market.

Altcoins show broad gains

Today, the price of Ethereum saw a 1.3% rise in 24 hours to its current price of $3,449.92. Meanwhile, Solana outperformed Ethereum with a 1.91% gain to reach a new price of $208.52. XRP also stood firm, recording a 1.38% price jump to $2.43.

Read our Ethereum price prediction To check if $5k is on the radar anytime soon!

Top winners and losers

Among the best-performing assets, SPX led the pack with an impressive gain of 23.23%, trading at $1.19. FARTCOIN and DeXe followed closely behind, rising 17.39% and 14.34% respectively. On the other hand, VIRTUAL suffered the highest losses, falling by 14.65% to $4.32. HYPE and PENGU also suffered, falling by 10.05% and 5.83%.

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Frequently asked questions

What is Bitcoin today?

Bitcoin is priced at $96,635.50 at the time of this update.

What currencies were the biggest winners today?

SPX (+23.23%), FARTCOIN (+17.39%), and DeXe (+14.34%) led the day’s gains.

What is the Fear and Greed Index result today?

The Fear and Greed Index stands at 57, reflecting neutral sentiment in the market.

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