Cryptocurrency Market Overview: Bitcoin Steady as Market Awaits Breakout
- Susan SarandonOriginal
- 2024-10-14 15:30:14315browse
The global cryptocurrency market saw a notable uptick today, with the market cap rising by 1.98%, reaching $2.24 trillion.
The global cryptocurrency market experienced a notable uptick on Friday, as evidenced by a 1.98% increase in market cap, which now stands at $2.24 trillion. Trading activity also surged, with 24-hour volume rising by 27.28% to reach $57.9 billion. Meanwhile, the Fear & Greed Index remained largely unchanged at 45, indicating neutral investor sentiment.
Bitcoin price saw a modest gain of 1.73% over the last 24 hours, trading just below the $64,000 mark. As BTC price remains in focus, market participants anticipate a possible breakout toward the critical $65,000 level, especially given the 45% increase in trading volumes.
Among altcoins, Ethereum price rose by 2.72%, pushing ETH price above $2,500. Solana price also showed strength with a 3.66% gain, continuing to solidify SOL price in the top ranks of the altcoin market, while XRP price saw only a slight uptick of 0.12%, maintaining a steady progression.
On the gainers' front, Brett (BRTT) leads the pack with a surge of 16.97%, followed by Ethena (ETHNA) with a 15.69% gain. Worldcoin (WLD) also made significant gains, rising by 12.37% over the last 24 hours.
Conversely, among the top losers, Popcat (POP) faced a sharp decline of 9.18%, while Helium (HNT) and Uniswap (UNI) also registered losses of 3.34% and 2.12%, respectively, as the market movements set the stage for further shifts in the cryptocurrency landscape.
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