The cryptocurrency market continues its bullish momentum, with Bitcoin $BTC maintaining a strong position above the $120,000 mark. At the time of writing, BTC is trading at $120,282, supported by robust investor sentiment and high market activity.
Ethereum $ETH follows with a price of $4,683.91, reflecting continued institutional interest and growth in its ecosystem. Binance Coin (BNB) is trading at $853.38, while Solana (SOL) stands at $201.40, showcasing resilience amid broader market volatility.
The total crypto market capitalization has surged to $4.18 trillion, with the DeFi sector contributing $166.04 billion. Daily trading activity remains strong, as the 24-hour trading volume reached $212.29 billion.
Market sentiment remains in the “Greed” zone, with the Fear & Greed Index (FGI) at 73, signaling a strong appetite for risk among investors. Futures market activity is also elevated, with open interest standing at $81.13 billion. However, volatility has led to significant liquidations, totaling $487 million in the past 24 hours.
Overall, the crypto market remains firmly bullish, but traders should stay cautious as high greed levels often precede short-term corrections. #bitcoin #Ethereum #defi #CryptoNews