The global cryptocurrency market continues its steady ascent, with the total market capitalization now standing at $3.3 trillion, reflecting a 0.61% increase over the past 24 hours, according to CoinMarketCap data.
Bitcoin Holds Steady Above $105K
Bitcoin (BTC), the largest cryptocurrency by market capitalization, is showing modest gains as it trades between $103,660 and $106,500 over the past day. As of 09:30 AM UTC, BTC is priced at $105,078, marking a 0.39% uptick. The price movement indicates ongoing consolidation as bulls and bears continue to vie for control in a tightening range.
Altcoins in the Green
Most of the top cryptocurrencies by market cap are trading in positive territory today. Notably, Rocket Pool (RPL) and Lista DAO (LISTA) are among the market’s top performers, with notable gains that outpace the broader crypto market average. These assets have seen increased trading volume and investor interest, potentially fueled by protocol developments and favorable sentiment in the DeFi space.
Market Sentiment and Outlook
The broader crypto market sentiment remains cautiously optimistic as investors weigh macroeconomic signals, including regulatory updates and monetary policy shifts. The steady price action in Bitcoin and leading altcoins suggests market participants are awaiting a potential breakout as June unfolds.
Key Metrics at a Glance:
Global Crypto Market Cap: $3.3T (+0.61%)
Bitcoin (BTC) Price: $105,078 (+0.39%)
Top Gainers: RPL, LISTA
Market Sentiment: Cautiously bullish
As always, investors are advised to stay informed and exercise due diligence in this rapidly evolving market landscape$BTC