Today’s crypto market is showing an overall positive performance. The Fear & Greed Index has increased to 31, indicating that the fear in the market is reducing slightly. Bitcoin’s dominance remains stable at 61.73%, proving that Bitcoin still holds a dominant influence in the market. The total market cap has increased to $2.79 trillion, up by +0.82%, and the altcoin market cap has risen to $1.07 trillion, showing a +0.87% gain. This positive movement suggests that the market is becoming more stable and showing signs of bullishness.
Bitcoin (BTC) has increased to $86,714.25, a +3.10% gain. BTC has broken the $85,000 resistance, reflecting positive sentiment in the market. If Bitcoin continues with this momentum, the next resistance level of $90,000 might be seen. Ethereum (ETH) has increased to $2,017.01, a +0.78% rise. The $2,000 level is important for ETH, and it has now become a strong support level. If ETH stays above this level, further upward movement could be seen. Solana (SOL) has increased to $138.46, a significant +6.29% gain. SOL’s $130 support zone has become stronger, and the price is showing upward momentum. Binance Coin (BNB) has increased to $623.87, a slight +0.06% gain. For BNB, the $620 support level is important, and if it stays above this level, upward movement may follow. XRP has increased to $2.45, a +2.71% rise. XRP needs to break the $2.50 resistance level to continue its bullish trend. Dogecoin (DOGE) has risen to $0.17, showing a +3.87% gain. DOGE needs to break the $0.18 resistance level for the positive trend to continue.
Overall, today’s market is showing a positive outlook. Bitcoin’s dominance remains stable, and altcoins are also experiencing good growth. If this trend continues, bullish momentum may increase in the market.$BTC
