The trends of the cryptocurrency market took an uptick today with the Bitcoin currency once again crossing the $100,000 valuation. Following suit, the XRP currency also broke an all time high, reaching the $3.1 mark.
FART COIN currency spear headed the uptrend, gaining 28% over the last 24 hours.
The overall market value of the crypto currency reached $3.5 trillion, recording an increase of 3.7%.
Aside from that, there was also greater surge in trading, reaching a total of $158 billion. I believe this trend will continue as investors await the release of key economic data this week.
The Cryptocurrency Market Trend Remains Upwards
The cryptocurrency market continued its upward trend as the prices of most coins went up. The price of Bitcoin (BTC) rose by 3% and once again crossed the mark of 100k dollars.
Ethereum (ETH) increased to $3,638 and made a 5% gain while XRP snapped up its first-ever 24 percent rise to 80 percent, I mean the percentage growth was at all time high, while Solana (SOL) also moved up by 8%.
Besides, amid increasing impatient anticipation regarding the upcoming pro crypto stance of president-elect Donald Trump in 2025, Oklahoma has offered the Bitcoin Reserve act.
Bitcoin Prices Today
As it stands today, the price of Bitcoin is $99,558 whereas the low and high in the past 24 hours has been $96,518 and $100,798 respectively. Considering the sharp spike from the previous price, the market cap of BTC appears to be closing in on two trillion by $1.97 trillion.
Ethereum Prices Today
The cryptocurrency is currently priced at $3,363, which is up by 5% over the span of a day. It had an estimated trading range with the lowest value being $3,186 and the highest being $3,473.
When analysed in the context of ETH ETFs, there was an inflow of $40 million; Fidelity contributed $29 million. A co-founder of Ethereum, Buterin commended Soneium as a promising Layer-2 solution.
The Current Rate of XRP
In the last 24 hours, the XRP rate has fluctuated from $2.23 to $2.64, and according to my assessment, the current exchange rate is around $2.45. In the past 24 hours the market cap surged to $173 billion from $20 billion and accompanied by investors confidence and bullish investments in the asset, while the percentage growth ranged from $a to b percent.
Professional Solana Price Update and Analysis
According to reliable sources, the price of Solana is pegged at $202 today, with an 8% increase over the last 24 hours. In these 24 hours, the currency’s trading range has stood at the low of $186 and the high of $206, which is a sign of stability.
