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Crypto Market Today: Bitcoin at $68K, Solana Breaks into Top 4
The cryptocurrency market experienced a significant surge today, with most coins trading in the green.
Bitcoin (BTC) remained firmly above $68,000, while Solana (SOL) grabbed attention by surpassing Binance Coin (BNB) in market capitalization, claiming the fourth spot.
Despite the launch of an Ethereum (ETH) ETF, ETH saw only slight gains, while XRP went against the market trend and declined.
Bitcoin Price
Bitcoin rose by 1.15% to $67,880.89, with a daily range between $66,858.35 and $68,207.60.
The crypto community is buzzing with Michael Saylor’s prediction that BTC could reach $13 million by 2045. dditionally, Semler Scientific announced plans to buy more Bitcoin, further boosting interest in the cryptocurrency. Bitcoin’s market dominance stood at 55.46% today.
Ethereum Price
Ethereum gained 0.40% to trade at $3.248,56, with a daily range of $3.223,99 to $3.285,76. Despite the recent Ethereum ETF launch, ETH remains somewhat volatile, but analysts predict a potential bull run.
Solana Price
Solana had a remarkable day with a 4.05% rise to $182.74, ranging from $175.62 to $184.12. SOL surpassed BNB to claim the fourth place in market capitalization. Speculation about a potential Solana ETF by VanEck has further fueled interest in the cryptocurrency.
XRP Price
XRP saw a decline of 1.29% to $0.5978, with a daily range of $0.5875 to $0.6085.
Meme Coins: DOGE & SHIB
The meme coins sector mirrored the broader market sentiment with significant gains. DOGE surged by 4.58% to $0.1346, and SHIB gained 2.35% to $0.00001715. Additionally, Pepe coin saw a slight increase of 1.14% to $0.00001194.
Key Winners and Losers
Winners:
- Conflux (CFX) rose by 14.81% to $0.1742.
- eCash (XEC) climbed 11.35% to $0.0000381.
- Popcat (POPCAT) increased by 9.26% to $0.953.
- Filecoin (FIL) rose by 7.72% to $4.61.
Losers:
- Flow (FLOW) dropped by 3.67% to $0.6651.
- Monero (XMR) fell by 3.47% to $162.46.
- SATS (1000SATS) decreased by 3.39% to $0.0003232.
- Maker (MKR) dipped by 2.74% to $2,634.
The total crypto market capitalization rose by 0.84% to $2.42 trillion, despite a 25.42% decrease in trading volume to $62.62 billion. The Crypto Fear and Greed Index shows a current sentiment of 72 (Greed), indicating investor optimism.
Global Crypto News
The SEC has approved the Grayscale Bitcoin Mini Trust ETF, set to launch next week with a low fee of 0.15%.
US Senator Bill Hagerty has announced plans to introduce pro-Bitcoin legislation, further enhancing Bitcoin’s political influence.
Stay updated with the latest developments in the crypto market to seize potential opportunities and trends!
