Today cryptocurrency prices contributed to the increasing optimism of investors globally. They have gained significantly in value after a volatile trading period last week. Bitcoin $62,036While the price of (BTC) rose above the $63 thousand level, Ethereum (ETH)
$2,423Solana (SOL) and XRP also showed a similar uptrend. The total market value increased by 2.77 percent today, reaching 2.22 trillion dollars. Additionally, the total market volume increased by 34.28 percent to $50.23 billion.
Today in Cryptocurrency Prices: BTC, ETH, SOL and XRP are on the Rise
The current market-wide activity has increased investors’ confidence in cryptocurrencies. BitcoinUnder the leadership of , altcoins also moved upwards, resulting in a significant increase in total market size.
While Bitcoin rose to 63 thousand 487 dollars, Ethereum It rose to 2 thousand 493 dollars. solana climbed to $150 and XRP It is trading at $0.5404. There is also activity in memecoins. dogecoin $0.109131 by about 5 percent, and the Shiba Inu by 7 percent. The total market value is at $2.22 trillion.
The overall rise in Ethereum’s price, in particular, comes despite an outflow of $30.69 million from spot Ethereum ETFs in the US last week. The current chart shows that investors remain interested in ETH despite outflows from ETFs.
Today’s Biggest Gainers and Losers Altcoins
Among the most profitable altcoins Mog Coin It is trading at $0.000001719, up nearly 19 percent. dogwifhat It reached $2.65 with an 18 percent increase. pop cat It rose by 15 percent to $1.41. On the other hand, among the altcoins that lost the most monero 5 percent, FTX Token 0.5 percent, Kaspa lost 2 percent of its value.
However, concerns remain regarding the prices of cryptocurrencies on hourly charts. Bitcoin is trading down 0.09 percent and Ethereum is down 0.34 percent. The downward trend in the short time period makes investors nervous and causes various speculations.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.