#BTCvsMarkets Bitcoin (BTC) is currently outperforming the global cryptocurrency market with a 10.80% price increase in the last 7 days. Here’s a comparison of BTC’s performance against some key market indicators:
- *Current Price*: $86,771.60 (up 2.56% today) or $93,767.01 (aggregated price across 210 exchanges)
- *Market Capitalization*: $1.76 trillion or $1.86 trillion (depending on the source)
- *24-hour Trading Volume*: $41.44 billion
- *Dominance*: Bitcoin dominance is at 64.13%, indicating potential trouble for altcoins
*Comparison to Other Cryptocurrencies:*
- *Ethereum (ETH)*: $1,772.09 (down 1.78% according to some sources)
- *Tether (USDT)*: $1.00 (stablecoin)
- *XRP*: $2.22 (down 1.66% according to some sources)
*Market Trends:*
- Bitcoin's price surge is attributed to its scarcity and potential volatility due to the halving event.
- The Federal Reserve's warning about tariffs impacting the market might influence Bitcoin's price.
- Altcoins might face trouble ahead due to Bitcoin's dominance ¹ ² ³ ⁴.
