Kriptokoin.comAs we have reported, the crypto market has recently experienced major decreases. But today, it gives signals of recovery. Bitcoin (BTC) price increased to $ 97,000 again, while the leading subcoins rise. Despite the liquidation of $ 300 million yesterday, a positive atmosphere dominates the market. Investors and analysts have an optimistic perspective that the market will continue the current bull cycle.
Bitcoin Price, ETH, XRP, Left Rising
In the early hours today, Bitcoin, Ethereum (ETH), XRP and Solana (left) prices ranging from 1 to 6 %. The global crypto market value increased by 1.71 %and reached 3.2 trillion dollars. However, the total transaction volume decreased by 24.43 %to 82.89 billion dollars. The price of BTC increased by 1.5 %and reached $ 97.090. The lowest and highest levels during the day were recorded as 95.019 and $ 97,364, respectively. This ascension followed the new Bitcoin reserve law offered by the Montana House of Representatives Business and Working Committee. However, Bitcoin’s market domination decreased by 0.17 %to 60.12 %, which showed that subcoins made stronger gains.
Ethereum price increased slightly above 2 %to $ 2,742. The lowest level in the day was $ 2,666 and the highest level was $ 2,750. Ethereum’s supply in the stock markets decreased to a record with 6.38 %, while whales reportedly collected 2.5 billion dollars of ETH during the last market drop. This points to a potential rise trend in the market. The XRP price increased by more than 6 %to $ 2.70. The lowest level during the day was $ 2.52 and the highest level was 2.74 dollars.
This rise was supported by speculation that the XRP’s case with the US Securities and Stock Exchange Commission (SEC) will end. In addition, SEC’s acceptance of the SPOT XRP ETF application increased optimism among investors. Open positions of XRP futures increased by 7 %today and reached $ 4.09 billion.
The rise for solana (left) and other crypto currencies is on the agenda
Solana (left) price today reached $ 174 with a 4 %rise. The lowest level during the day was recorded as 163.96 dollars and the highest level was recorded as 174.12 dollars. The price of Solana continues to rise despite the ongoing breast coin frenzy. Increased stinging activities continue to increase investor interest. Breast coins rose in parallel with the general market trend. The Dogecoin (Doge) price increased by 2 %to $ 0.2567. The price of Shiba Inu (SHIB) increased by 3 %in the last 24 hours to $ 0.00001559. Pepe and Trump prices increased by 3 %and 5 %, respectively, reached $ 0.000009595 and $ 17.10. The most winners of the day were Story (IP), APTOS (APT) and Bittensor (TAO) with 35 percent, 20 percent and 19 percent rise, respectively.
In general, market participants are optimistic about the future of the crypto sector despite macroeconomic uncertainties. BTC, ETH, SOL and XRP remain in green, indicates that the rise trend can continue. In addition, rumors that Donald Trump is considering lifting the capital earning tax for Bitcoin is on the agenda of investors. The future of the market will continue to be shaped depending on such developments.
