The cryptocurrency market showed mixed movements today, with $ETH leading gains among the top altcoins, while $ADA experienced slight losses. Here's a brief look at how the four major cryptocurrencies performed:
Bitcoin (BTC): Holding Steady Above $108K
$BTC continues to maintain a strong position, trading at $108,619, marking a slight daily increase of 0.06%. The price ranged between $108,291 and $110,425, reflecting a period of relative stability. Investor confidence in Bitcoin remains solid, with the market showing resilience against broader volatility.
Ethereum (ETH): Institutional Interest Drives Surge
$ETH saw a significant rally, jumping 3.7% in the past 24 hours to trade at $2,630.72. The day’s range was between $2,536.81 and $2,700.21. The surge is largely attributed to a rise in institutional buying and growing momentum in Ethereum-based financial applications, signaling strong bullish sentiment.
Solana (SOL): Modest Gains Amid Network Concerns
$SOL posted a 1.5% gain, with its price climbing to $175.02. The token traded within a range of $171.60 to $179.40. While performance remains positive, ongoing concerns about network scalability continue to hover, potentially limiting further upside in the short term.
