#BTC100KTrumpEffect #BTCbullish #CryptoNewsOfficial Trump Hit on Bitcoin. Price Climbs Above $100k | WLD, RNDR, BTT Surge Big!
Bitcoin on Thursday for the first time broke the $100,000 barrier after US president-elect Donald Trump announced he had nominated crypto proponent Paul Atkins as chair of the Securities and Exchange Commission. Bitcoin has soared more than 50 percent since the election, spurred by Trump’s pledge to make the US the "cryptocurrency capital of the world".
The crypto market today has started its Asian trading hours on an optimistic note, with the total market cap increasing by 1.06% in 24 hours to $3.58 trillion. Everyday business saw a significant spike of 39.66% to $127.33 billion. Successively, the Fear & Greed Index currently sits at 66, indicating growing “Greed” among investors.
Bitcoin Price Today Surges Above $100k!
Bitcoin price today is up 2% over the previous day to $101,722.53. Strong institutional backing helped the BTC price rise from its 24-hour low of $98,713.65 to a peak of $102,712.49. As a result, the market cap has risen by 2.05% to $2.01 trillion, while the trading volume boasted an impressive surge of 89.17% to $49.57 billion.
Curious about BTC’s next price target? Read our Bitcoin Price Prediction 2025, 2026-2030!
Altcoins Resist Bitcoin’s Movement?
Ethereum price suffered some headwinds on its daily chart, dipping by 0.66% to $3,669.87. Solana and XRP on the other hand, saw rather subtle changes, with SOL price sinking 0.18% to $216.23, and XRP edging up 0.17% to $2.42.
Interested in Ethereum’s price forecast? Check out Ethereum Price Prediction 2025, 2026-2030!
Top Gainers & Losers
The day’s flag-bearers include Worldcoin (WLD), which rose by 5.80% to $2.57, followed closely by Render Token (RNDR) and BitTorrent (BTT), with gains of 5.14% and 5.07%, respectively. On the losing side, FARTCOIN took a blow, plunging by 15.88% to $1.15, while ENA and VIRTUAL followed suit, slipping by 8.01% and 7.62%.
FAQs
1. How much is the global cryptocurrency market worth today?
The global cryptocurrency market cap stands at $3.58 trillion, marking a 1.06% increase in the past 24 hours.
2. Which tokens performed best today?
The top gainers are Worldcoin (WLD) with a 5.80% rise, Render Token (RNDR) with 5.14%, and BitTorrent (BTT) with 5.07%.
3. What is the current sentiment in the cryptocurrency market?
The Fear & Greed Index is at 66, reflecting a “Greed” sentiment, signaling optimism among investors.
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