The price is 110715.0 USD, currently showing a change of -815.00 USD (-0.01%) compared to the previous close.
Intraday high: 111819.0 USD; intraday low 110414.0 USD.
- Overall market capitalization:
According to CoinDesk, the digital asset market is now valued at approximately 3,050 billion dollars, a growth rate comparable to that of the Internet bubble of the 90s.
- Bitcoin (BTC):
After reaching new records above 111,200 $ in close yesterday, BTC is holding today around 110,715 $, down 0.73% since the market opened. This phase of compression follows a net influx of 3.6 billion dollars into Bitcoin ETFs since the beginning of the month, indicating sustained institutional interest.
- Ethereum (ETH):
ETH slightly outperforms, rising 2.53% intraday to settle at 2,693 $ with a peak at 2,721 $, driven by the growth of yield products and a resurgence in staking demand.
- Altcoins and technical sentiment:
Among the main altcoins, XRP illustrates the current nervousness: a bearish chart pattern raises concerns of a pullback to 2.00 $ after a recent peak around 2.48 $. Meanwhile, Cardano (ADA) and Solana (SOL) remain overall stable, oscillating within their support ranges without major catalysts.
- Macro and regulatory context:
The recent surge in U.S. bond yields has caused some tremors in the market, putting a pause on bullish momentum – a phenomenon already highlighted in the Crypto Daybook Americas on May 19. Furthermore, the enforcement of the MiCA regulation in Europe in mid-December 2024 continues to reassure players, even though its effects will truly be measured in the long term.
