The price of Bitcoin has fallen from $100,000 amid a market driven by greed
Today the cryptocurrency market was riding a bullish wave, following the announcement of the US Consumer Price Index numbers. The market value saw an increase of 3.35%, reaching $3.49 trillion. As optimism increased, trading volume increased by 21.64% over the past 24 hours to reach $155.02 billion. The greener figures have seen the Fear and Greed Index rise to a ‘greed’ score of 60, highlighting renewed interest among market players.
Bitcoin returns amid market optimism
Today, the price of Bitcoin made waves again, rising by 2.60% in the past 24 hours to reach $99,400.03. The move comes after BTC regained its 24-hour high of $100,000. Speaking of volumes, intraday trade grew by 4.02% to reach $57.17 billion. However, now with a market capitalization of $1.969 trillion, it is showing resilience.
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Altcoins rise as sentiment strengthens
The price of Ethereum witnessed a significant increase of 4.67%, raising its price to $3,371.47. Solana outperformed its peers, jumping 7.32% to $202.53, while XRP rose 8.14% to $3.07, reflecting strong bullish sentiment across the board.
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Top movers: winners and losers
Among the most notable winners hypothetical Taking the lead with an impressive 31.79% rise to $3.81, it followed Vartcoin With a rise of 24.08% to $1.24 and ltcup 18.04% to $120.36. On the contrary, It moves It emerged as the only loser among the top 100 cryptocurrencies, falling 2.62% to $0.8026.
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Frequently asked questions
Bitcoin (BTC) is trading at $99,400.03, up 2.60% in the past 24 hours.
VIRTUAL is the biggest gainer, with a 31.79% rise, and is now priced at $3.81.
The Fear and Greed Index currently stands at 60, indicating greed sentiment in the market.
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2025-01-16 09:56:00