There have been some remarkable movements in the cryptocurrency market recently. Bitcoin (BTC) reached $93.4 thousand$BTC

rose to a new record high, and this success has once again attracted the attention of investors. Other leading altcoins are also following a similarly strong uptrend, while in the memecoin market, Peanut the Squirrel (PNUT) and dogwifhat (WIF) have made significant gains.

Bitcoin and Altcoins Continue to Rise
Bitcoin attracted attention by exceeding the $90,000 level with a 4% increase in the last 24 hours. This increase caused a 0.3% increase in BTC’s market dominance and created a positive atmosphere in the crypto market in general. Ethereum (ETH) also increased by 2% to $3,208, and Solana (SOL) and XRP continue their upward trend. Famous analyst Peter Brandt stated that he expects Bitcoin to rise further, emphasizing that the market is gaining positive momentum.

Winners and Losers
Peanut the Squirrel (PNUT) stood out among the cryptocurrencies that gained the most value in the last 24 hours. PNUT rose by 170% to $2.20. Pepe Coin then gained 77% and dogwifhat gained 38%. Popular meme coins Dogecoin (DOGE) and Shiba Inu (SHIB) also made notable gains.

On the other hand, there were also cryptocurrencies that lost value. Cronos (CRO) fell by 15% to $ 0.1526, Kaspa (KAS) lost 6% to $ 0.1273. Stellar (XLM) lost 5% to $ 0.126.

Market Situation
Although the total value of the crypto market increased by 3% in the last 24 hours to $2.98 trillion, the total market volume decreased by 3.5% to $308.42 billion. This decline may encourage investors to be cautious. Optimistic expectations prevail for the market in the last quarter of the year, especially after Trump’s victory in the US Presidential Election.

Conclusion and Evaluation
While Bitcoin reaching record levels and the increase in altcoins have increased investor interest, the decrease in market volume stands out as a risk factor that should be taken into consideration. It is important for cryptocurrency investors to take a cautious approach considering the decrease in market volume.