Bitcoin rises, Ethereum declines, and Ripple (XRP) gains
The global cryptocurrency market registered a modest increase over the past 24 hours, with the market capitalization growing by 0.59% to reach $3.55 trillion. Trading activity rose as 24-hour trading volume rose 30.16% to $127.63 billion, indicating rising investor sentiment. Meanwhile, the Fear and Greed Index rose to 66, reflecting the sentiment of “greed,” indicating optimism among traders.
Bitcoin remains strong amid market uncertainty
Bitcoin maintained its upward momentum, registering a 1.42% rise to $100,852.31. Its market value rose to $1.99 trillion, occupying a large share of the total market. The rise in Bitcoin price is in line with increased investor confidence.
For insights into its future path, explore our comprehensive website Bitcoin price forecast.
Altcoin Movements: Mixed reactions across the board
Altcoins showed mixed performance. Ethereum fell slightly by 0.40% to $3,638.13, while Solana faced a sharp decline of 1.80%, settling at $213.18. On the other hand, XRP rose 0.89% to $2.42, reflecting investor interest in specific altcoins amid the broader consolidation phase in the market.
Dive into our details Ethereum price prediction To take a closer look at the ETH forecast.
Top winners:
- WLD: +5.58% to $2.59.
- BGB: +5.24% to $6.49.
- Ada: +4.70% to $1.13.
Biggest losers:
- SPX: -10.43% to $1.39.
- Bingo: -10.25% to $0.04139.
- hypothetical: -6.78% to $3.86.
Frequently asked questions
Bitcoin is trading at $100,852.31 at the time of writing.
Worldcoin, BGB, and Cardano led the market, gaining more than 4% each.
Solana stock is down 1.80% over the past 24 hours, trading at $213.18.
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2025-01-07 16:39:00