Bitcoin Reclaims $68K as Crypto Market Rally Continues; ETH, BNB, and SOL Stable

The crypto market has continued to rally till today, and Bitcoin is seen reclaiming the $68,000 mark it achieved earlier this week.

Cryptocurrency prices have continued to rally on Friday, with Bitcoin reclaiming the $68,000 mark it achieved earlier this week.

Top cryptocurrency prices rose on Friday, continuing a recent rally as market sentiment remained largely positive.

Bitcoin rose slightly to trade at $68,738 by 08:38 ET (12:38 GMT), showing a 1.69% gain over the last 24 hours.

The world’s biggest cryptocurrency slipped below the $68,000 level on Thursday but quickly recovered to trade in the green zone. Bitcoin scaled a record high of $68,667 on Monday.

However, the market traded slowly, yet bullish on Friday, with top altcoins reporting gains of about 1%.

Following the sluggish boost in price performances over the last day, the global crypto market capitalization increased decently by 1.37% to $2.44 trillion over the previous 24 hours.

But the overall market volume has declined significantly, indicating a massive reduction in trading activities among crypto users, which is attributable to market uncertainty.

The cryptocurrency market volume currently sits at $54.44 billion, a decrease of 30.20% over the past day.

Bitcoin Hits Weekly High

Top cryptocurrency prices rose on Friday, continuing a recent rally as market sentiment remained largely positive.

Bitcoin has led the crypto market with a bullish momentum as altcoins also traded in the green zone today, recording decent intraday gains.

As of writing time, Bitcoin is trading at $68,738, a slight increase of 1.69% since the last day.

The coin has continued its upward trajectory as spot Bitcoin ETFs record positive net flow.

In addition to the stability in the price of Bitcoin, the coin’s dominance over the broad crypto market has also remained stable, accounting for 55.6% of the total crypto market capitalization.

Moreover, the coin has continued to garner bullish interests from investors, considering its strength to resist further declines. Notably, bullish sentiment votes on Bitcoin have increased to 83% today, according to metrics provided by LunarCrush.

Ethereum, BNB, and SOL Stable

Amid today’s slow market trend, Ethereum has maintained stable price positions with a slight increase of 0.91%.

According to data from CoinMarketCap, Ethereum has increased to $3281 as of press time, despite the streak of outflows that Ethereum ETFs have continued to witness since launch on July 23.

BNB and SOL have also pumped slightly while competing for third in the crypto market capitalization ranking.

As of the time of writing, the prices of BNB and SOL are $585 and $182, increasing by 1.20% and 0.55%, respectively, over the last 24 hours.

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