cryptocurrency market continues its upward trend. Bitcoin (BTC) $96,525.2showed a significant recovery by passing the level of 96 thousand dollars. While a positive atmosphere prevailed in the overall market, DeXe (DEXE) was among the most valuable altcoins of the day with a 30 percent increase. While the total market value increased to 3.41 trillion dollars, the transaction volume increased by 30 percent in 24 hours and reached 121 billion dollars.
Bitcoin and Altcoins Gain Power Again
Bitcoin recovery altcoin marketIt also mobilized . The rise in the largest cryptocurrency has created new hopes among investors. Additionally, the increasing interest in Bitcoin ETFs is noteworthy. Bitwise, Fidelity And ARK & 21Shares Large investment companies such as have directed large amounts of capital to Bitcoin-based funds.
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Robert KiyosakiHe raised market expectations by saying, “I expect the price of Bitcoin to be between 175 thousand and 350 thousand dollars this year.” With this rise, the Crypto Fear and Greed Index reached 57 points, indicating a balanced mood among investors.
The Most Gaining and Losing Altcoins of the Day
Among the most valuable gains of the day DeXe 30 percent, SPX6900 27 percent and farcoin It draws attention with a 25 percent increase. While DeXe’s market value reached 1.11 billion dollars, its transaction volume reached 72 million dollars. Fartcoin, a Solana-based memecoin, reached new peaks and attracted the attention of investors.
On the other hand Virtual Protocol 8 percent and hyperliquid It was among the altcoins that lost the most value, losing 7 percent in value. XDC Network And Pudgy Penguins There was a decrease of 4-5 percent in altcoins such as. These declines reveal that there is pressure at some points in the market.
Ripple $2.4‘s MENA region director made predictions about the future of the sector, saying, “We expect great advances in the use of stablecoins and Blockchain technology in 2025.”
The overall bullish trend in the cryptocurrency market has led Bitcoin and altcoins to post short-term gains. However, it is stated that investors should act cautiously in volatile market conditions. Bitcoin continues to trade above its critical level at $96,000.
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.