Market Update UTC: 12:43

The crypto market is showing strong positive momentum. #Bitcoin dominance has increased to 57.78 percent, indicating that traders are still heavily invested in BTC. The total crypto market cap has risen by 0.52 percent to reach $4.04 trillion, while the altcoin market cap is also up by 0.26 percent at $1.71 trillion. The Fear and Greed Index is currently at 51, slightly down but still indicating a neutral sentiment — meaning traders are neither overly fearful nor greedy. It’s worth noting that this index is calculated based on various factors like trading volume, volatility, social media activity, and Google trends, and while it gives an idea of sentiment, it’s not always precise. Bitcoin is trading at $117,228.70 with a healthy 0.86 percent increase. $ETH is up by 1.77 percent and showing solid strength. SOL has jumped nearly 5 percent, BNB is up by 4.57 percent, $XRP by 3.34 percent, and DOGE has gained an impressive 5.73 percent. The market overall is leaning strongly bullish today, especially with altcoins performing exceptionally well, suggesting increased investor confidence and possible breakouts in the altcoin sector.