๐ Market Overview
Bitcoin (BTC): Trading at $103,994, up 0.29% in the last 24 hours. Analysts predict a potential surge to $250,000 by year-end, driven by institutional adoption and reduced volatility. (Cointelegraph)
Ethereum (ETH): Currently at $2,521.90, marking a 0.38% increase over the past day. ETH is approaching the $3,000 resistance level, with market speculation around Vitalik Buterinโs role influencing investor sentiment. (Dim Sum Daily)
$BNB : Priced at $647.89, showing a 1.05% gain in 24 hours. BNB continues to trade within a tight range amid decreasing volatility. (CoinDesk)
๐ $ALT coin Highlights
$XRP : Rebounding to $2.39 after a V-shaped recovery, with targets set at $3.40. Experts suggest that most investors may never own 1,000 XRP as prices continue to rise. (Crypto Basic)
MOODENG: Surged by 32.01%, emerging as a top gainer in todayโs market. (CoinCodex)
Pi Network: Highlighted as the "Coin of the Day," reflecting growing community interest. (CoinCodex)
๐ Analyst Insights
Crypto Rover: Signals a potential 50% pump in Bitcoin, citing historical chart patterns and increased social media mentions of 'Bitcoin pump'. (Blockchain News)
Scott Melker: Projects Bitcoin could reach $250,000 in 2025, attributing this to institutional inflows and reduced volatility. (Cointelegraph)
๐ Market Sentiment
The overall crypto market cap stands at $3.29 trillion, experiencing a slight 0.15% decrease in the past 24 hours. Trading volume has also declined by 0.15%, currently at $249.28 billion. (CoinCodex)
