The cryptocurrency market attracted attention with a significant rise today. Bitcoin (BTC) $93,239.6rose from $92,000 to $95,000 and crossed an important psychological threshold. Stellar on the other hand $0.345323 (XLM) became the highest rising altcoin with a 26 percent increase in the last 24 hours. IOTA (IOTA) also stood out with a 20 percent increase. In general, this activity in the market attracted the attention of investors.
General Outlook of the Cryptocurrency Market
While the total value of the global cryptocurrency market increased by 2 percent and reached 3.34 trillion dollars, the transaction volume decreased by 16 percent to 92 billion dollars. Transaction volume is expected to increase in the coming weeks as the holiday season comes to an end.
Other than Bitcoin Ethereum (ETH) $3,328.1, XRP And solana (SOL) also gained value. Ethereum rose 1 percent to $3,394. XRP rose by 15 percent to $2,414. Solana, on the other hand, reached $198 with a 4 percent increase.
Today’s Biggest Gainers: Stellar (XLM) and IOTA (IOTA)
Stellar It became the highest-earning altcoin with an increase of 26 percent. Its market value increased by 28 percent to $13.16 billion. IOTA It attracted attention with a 20 percent increase and a market value of 1.24 billion dollars. XDC Network also recorded a significant increase, rising 19 percent. On the other hand, UNUS SED LEOdecreased by 3.23 percent to $8.75. PEPE And Bitget Token (BGB) lost 2 percent and 1.5 percent respectively.
Another notable development in the market today memecoinIt was the positive performance of ‘s. dogecoin $0.312928 (DOGE) and Shiba Inu (SHIB) gained 4 percent in value. Virtual Network (VIRTUAL) rose 3 percent in the last hour.
cryptocurrency marketThe rise in the market in general attracted the attention of investors to the market again. Rising prices of Bitcoin and leading altcoins send positive signals to the market.
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.