Rising prices of cryptocurrencies continue to attract the attention of investors. Bitcoin (BTC) $87,585broke a new record and moved its price up. Leading altcoins are also showing a strong uptrend. On the other hand, newly listed memecoin Peanut the Squirrel (PNUT) is peaking in gains, while dogwifhat (WIF) is also among the gainers.
Latest Situation in Bitcoin and Altcoins
Bitcoin (BTC) price increased by 4% in the last 24 hours and reached the level of $ 90,000. There was a 0.3% increase in BTC’s market dominance, which created a positive atmosphere in the crypto market. Ethereum (ETH) $3,170 It traded up 2% at $3,239. Solana (SOL) and XRP also continued their uptrend.
Famous analyst Peter Brandt stated that the market is on the rise and commented, “I expect a further rise in the BTC price.”
The Most Gaining and Losing Cryptocurrencies
In the last 24 hours, Peanut the Squirrel (PNUT) has increased by 170% to $2.20. Subsequently, Pepe Coin gained 77% and dogwifhat gained 38%. Popular coins Dogecoin $3 (DOGE) and Shiba Inu (SHIB) also made notable gains.
Cronos (CRO) fell 15% to $0.1526. Kaspa (KAS) fell 6% to $0.1273, while Stellar $0.123867 (XLM) lost 5% value.
The total value of the crypto market increased by 3% to $2.98 trillion. However, total market volume decreased by 3.5% to $308.42 billion. Especially after Trump’s victory in the US elections, an optimistic atmosphere is expected in the market in the last quarter of the year.
As a result, there are remarkable movements in the crypto market. Bitcoin reaching record levels and altcoins gaining value increases investor interest. However, the decline in market volume requires investors to be cautious.
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.