Today's cryptocurrency market is truly unpredictable! Bitcoin (BTC) just hit a historical high of $103,000, only to experience a rapid crash to $92,000, as if the entire market was pressed on the 'fast forward' button, leading many major altcoins like Ethereum (ETH) and XRP to follow suit and slide, resulting in significant liquidations.
However, amidst this market downturn, Solana (SOL) has risen against the trend, becoming the brightest performer among the top ten cryptocurrencies, with an increase of 6%. Even more surprisingly, JasmyCoin (JASMY) soared by an impressive 36%, becoming today's 'dark horse.' Despite the slight global cryptocurrency market decline to $3.57 trillion, trading volume surged by 22% in the past 24 hours, demonstrating the market's vitality.
It is noteworthy that the Fear and Greed Index currently stands at 81, indicating extreme greed. Despite continuous market fluctuations, investor confidence remains strong, and it seems everyone is looking forward to the arrival of the next wave of opportunities!
1.Today's Bitcoin price
As of the time of writing, the price of Bitcoin (BTC) is $97,949, having fallen by 4% in the past 24 hours. Its 24-hour high price reached $103,900, while it has significantly increased by 33% over the past month. The current market capitalization is $1.93 trillion, with a trading volume of $146 billion in the past 24 hours. BTC's market dominance has slightly declined to 53.84%.
A report released by SoSo Value on Thursday showed that Bitcoin ETF outflows reached $3.85 million, followed by Fidelity entering the market with $47 million, purchasing a large amount of Bitcoin. Grayscale is also accelerating its layout, recently selling $148 million worth of GBTC shares and re-purchasing $95 million worth of BTC ETF through its Bitcoin mini-trust fund.
Moreover, BlackRock's BTC activity data is also attracting attention, with the market full of expectations for its performance.
2.Ethereum today's price
At the time of writing, the price of Ethereum (ETH) is $3,902, having risen by 1% in the past 24 hours. ETH's 24-hour low and high prices are $3,683 and $3,956, respectively.
The market capitalization of Ethereum is $465 billion, with a trading volume of $57 billion in the past 24 hours. Its market share is 13%, maintaining its position as the second-largest cryptocurrency by market cap.
3.Today's XRP price
The trading price of XRP is $2.33, down 2% in the past 24 hours. Its 24-hour low and high prices are $2.23 and $2.48, respectively. XRP's market capitalization is $131 billion, with a trading volume of $17 billion, ranking fourth among the highest market cap cryptocurrencies.
Additionally, the manufacturing company Worksport announced plans to adopt Bitcoin and XRP for company finances. The company's board has approved the purchase of BTC and XRP, indicating a growing trend of institutional adoption in today's cryptocurrency market.
4.Solana Today's price
The price of Solana (SOL) is $240, having increased by 6% in the past 24 hours. Its 24-hour low and high prices are $228 and $246.
The market capitalization of SOL is $228 billion, with a trading volume of $9.41 billion in the past 24 hours, retaining its position as the fifth-largest cryptocurrency by market cap in today's cryptocurrency market.
5.Today's Meme cryptocurrency market
Today's cryptocurrency market has seen considerable volatility, with meme coins collectively pulling back; Dogecoin (DOGE) has slightly fallen by 2%, currently trading at $0.43; Shiba Inu (SHIB) has also encountered difficulties, dropping by 2%, now priced at $0.00003079. However, the market is not entirely gloomy, as some well-known meme coins have shown strong resilience! For instance, PEPE, WIF, and Bonk have risen between 1% to 4% in the past 24 hours, bringing a bit of warmth to the entire meme coin sector.
In what seems to be a lackluster market, there is still a glimmer of hope, as many investors may turn their attention to these standout coins. After all, the charm of meme coins lies in their vibrancy and community atmosphere, and many are looking forward to the subsequent performance of these coins.
Today's cryptocurrency with the highest stock price increase
1.JasmyCoin
The price of JasmyCoin (JASMY) is $0.05225, having risen by 36% in the past 24 hours. This currency increased by 100% last week and an astonishing 160% over the past month, making it one of the top gaining currencies in today's cryptocurrency market.
2.Worldcoin (WLD)
The price of Worldcoin (WLD) is $4, having risen by 21% in the past 24 hours. Its 24-hour low and high prices are $3.20 and $4.17, reflecting significant price fluctuations.
3.dYdX (native)
dYdX (DYDX) increased by 17%, trading at $2.11. Its 24-hour low and high prices are $1.75 and $2.163, showing significant price fluctuations. This surge reflects dYdX's strong momentum, making it a standout in today's cryptocurrency market.
Today's biggest cryptocurrency loser price
1.IOTA
As of the time of writing, the price of IOTA has fallen by 9%, trading at $0.4434. Its 24-hour low and high prices are $0.44 and $0.50, indicating some volatility. Despite the recent decline, IOTA's market capitalization is $1.57 billion, still ranking among the top 100 cryptocurrencies by market cap.
2.Algorand
Algorand (ALGO) price fell by 8%, trading at $0.453, making it the second-largest drop in the past 24 hours. Its 24-hour low and high prices are $0.44 and $0.49, reflecting its price volatility.
3.VeChain
The price of VeChain (VET) today has dropped 7% in the cryptocurrency market, trading at $0.06535. Its 24-hour low and high prices are $0.0641 and $0.0733, showing significant price fluctuations.
Overall, today's market situation is somewhat surprising, with worries about declines and hopes for increases. In this rapidly changing cryptocurrency world, investors need to remain vigilant, closely monitor market dynamics, and seize every possible opportunity!
