#CryptoUpdate🚀🔥
Here's a crypto market update for today:
# Market Overview
The global crypto market capitalization rose by 2% on Tuesday, retaking the $3.5 trillion milestone. This surge is driven by strong risk-on sentiment in the broader crypto market ¹.
# Top Cryptocurrency Prices
- *Bitcoin ($BTC )*: $103,772, with a 0.29% increase
- *Ethereum (ETH)*: $2,605.30, with a 5.03% increase
- *XRP (XRP)*: $2.62, with a 2.65% increase
- *Solana (SOL)*: $180.38, with a 3.83% increase
- *Pepe (PEPE)*: $0.0000141, with a 1.03% increase
# Market Predictions
- *Bitcoin*: Expected to reach $105,000 breakout
- *Ethereum*: Holding key support, signaling potential for upward continuation
- *XRP*: Targets $3, with a potential 35% surge
- *Solana*: Nursing minor losses, but maintaining bullish trend
# News and Trends
- Solana's price rise changed the trend from bearish to bullish, reflecting strong risk-on sentiment
- US CPI data raised expectations of imminent Fed rate cuts, boosting market confidence
- Crypto firms are expected to go public in record numbers in 2025 ¹ ²