Today's cryptocurrency market shows significant upward momentum, coinciding with Bitcoin's 16th anniversary, as its price strongly climbed from $92,000 to $98,000. Meanwhile, mainstream cryptocurrencies like Ethereum (ETH), XRP, and Solana (SOL) also surged, with the overall market showing an upward trend. Notably, Internet Computer (ICP) and EOS became top performers, with a 15% price surge in 24 hours. Additionally, meme coins like Dogecoin (DOGE) and Bonk (BONK) also saw a remarkable surge of 15%, adding a strong sense of optimism to the market.
The global cryptocurrency market cap has risen by 2.31%, reaching a new height of $3.49 trillion; trading volume has also increased by 2%, totaling $123 billion. The Fear and Greed Index jumped from 50 points last week to 60 points, clearly reflecting the growing optimism among investors regarding the market. In summary, over the past 24 hours, most of the top 20 altcoins in the cryptocurrency market have shown positive upward trends, and today's price movements undoubtedly illustrate this positive outlook.
1. Today's Bitcoin Price
Bitcoin's price is trading at $98,171, up 1.26% in the past 24 hours.
MicroStrategy announces plans to raise more funds to buy more Bitcoin, boosting investor confidence.
2. Ethereum Today's Price
Ethereum (ETH) price is trading at $3,594, reflecting a 4% increase in the past 24 hours. ETH's market cap is $433 billion, with a trading volume of $21 billion in the last 24 hours.
According to SoSo Value data, ETH ETF inflows reached $24.9 million, with Fidelity leading at $27 million, while Grayscale sold $2 million worth of ETH ETF.
3. XRP Today's Price
XRP price is $2.45, up 2% in the past 24 hours. Its 24-hour low and high are $2.40 and $2.50, respectively. Trading volume decreased by 12%, currently at $6 billion.
4. Solana Today's Price
SOL price is trading at $217, up 5% in the past 24 hours. Rumors of Solana Phantom Wallet user airdrops have sparked excitement in the community, driving positive sentiment.
5. Meme Cryptocurrency Today's Price
Today's meme cryptocurrency market exhibits extraordinary vitality, with many top meme coins showing upward trends. Among them, Dogecoin (DOGE) stands out with a price surge of 14%, trading at a high of $0.39. Meanwhile, Shiba Inu (SHIB) also performed well, achieving a 9% increase in the past 24 hours. Other well-known meme coins such as BONK, PEPE, and WIF also recorded gains ranging from 5% to 15%.
However, amidst this bullish wave, Pudgy Penguins (PENGU) stands out as an exception, experiencing a downturn and becoming one of the rare exceptions in the meme coin market. This contrast undoubtedly provides investors with a more diversified selection and perspective.
Today's Largest Gainers in Cryptocurrency Prices
1. ICP
ICP stock price is trading at $12.39, reflecting a significant increase of 15% in the past 24 hours. Market cap is approximately $6 billion, with a trading volume of $315 million.
2. EOS
EOS price is trading at $0.93, significantly up 15% in the past 24 hours.
Today's Largest Decliners in Cryptocurrency
1. FTX Token (FTT)
FTX Token (FTT) is the worst-performing token today, down 9% in the past 24 hours.
2. VIRTUAL
VIRTUAL's stock price is the second worst performer today, declining by 6% in the past 24 hours. Its market cap is $4.18 billion, with a trading volume of $468 million.
Additionally, the hourly chart shows bullish momentum, with Bitcoin and major altcoins rising in the last few hours. Coingape analysts report that 2025 is expected to be the year of ETFs, sparking discussions about which crypto ETF will be approved first.
