Highlights
TRON (TRX) skyrocketed by 70%, entering the top ten cryptocurrencies by market cap.
Reserve Rights (RSR) increased by 121%, leading the market.
Kaia (KAIA) dropped 17%, marking the worst performance in the last 24 hours.
The cryptocurrency market is bustling today! Bitcoin (BTC) is slightly fluctuating in the range of $93,000 to $96,000. On the altcoin front, Binance Coin (BNB) has surged 15%, reaching an all-time high, while Tron (TRX) skyrocketed by 70%, entering the top ten by market cap. Reserve Rights (RSR) has been the star of the day, with an astonishing increase of 121%.
Overall, the global cryptocurrency market cap has slightly increased by about 1%, now reaching a total market cap of $3.54 trillion, with a notable increase in trading volume, which has reached $292 billion. Let's take a look at how the currently top-ranked cryptocurrencies are performing today!
Today's cryptocurrency market: Bitcoin is close to $95,000, ETH and SOL are up, while XRP has dropped by 6%.
Bitcoin (BTC) is currently trading close to $96,000, having fluctuated within this range for more than two weeks. Binance Coin (BNB) has surpassed its all-time high, currently priced at $750, indicating significant market interest. Meanwhile, Tron (TRX) has also achieved remarkable growth, successfully entering the top ten by market cap.
Bitcoin today's price
Bitcoin's trading price is around $95,900, with a fluctuation range in the past 24 hours from $93,629 to $96,669. Bitcoin's market cap has reached $1.9 trillion, with a 24-hour trading volume of $70 billion. The market share has slightly decreased by 0.3%, currently at 54.11%.
According to data from sosovalue, a small BTC ETF saw an outflow of $17 million this Tuesday. Ark & 21 Shares sold $93 million worth of Bitcoin, while Fidelity recorded an inflow of $52 million. BlackRock's ETF data has not yet been released, and the market is paying close attention to this.
On the other hand, Bitcoin mining company Foundry has just decided to cut its workforce to 80-90 people, indicating that the company is undergoing a business streamlining.
Ethereum today's price
Ethereum (ETH) is currently trading at $3,667, up 1% in the last 24 hours. The lowest and highest prices were $3,504 and $3,708, respectively. Ethereum's market cap is $441 billion, with a 24-hour trading volume of $40 billion, accounting for 12.56% market share.
According to sosovalue's report, ETH ETFs have recently seen inflows of $67 million, with Fidelity contributing $73 million. BlackRock's data is still awaiting release, and analysts are eagerly anticipating this news.
Ethereum co-founder Vitalik Buterin also mentioned that the security and privacy of Web3 wallets need to be improved, suggesting that privacy features should be integrated directly into wallets to reduce reliance on specialized privacy wallets.
XRP today's price
XRP is priced at $2.55, down 6% in the last 24 hours. The lowest price was $2.36, and the highest price was $2.86. XRP's market cap is $145 billion, with a 24-hour trading volume of $42 billion, currently ranking third by market cap.
Additionally, the chief lawyer in the Ripple case, Jorge Tenreiro, has joined the U.S. Securities and Exchange Commission (SEC) as Chief Litigation Counsel, raising market concerns about increased cryptocurrency regulation, especially regarding his role in the XRP litigation.
Solana today's price
Solana (SOL) is currently trading at $238, up 5% in the last 24 hours. The lowest price was $216, and the highest price was $240. Solana's market cap is $113 billion, with a 24-hour trading volume of $8 billion, ranking fifth by market cap.
Notably, Grayscale Investments recently applied for a Solana ETF with the U.S. Securities and Exchange Commission, indicating an increasing institutional interest in the Solana ecosystem.
Meme Crypto today's prices
Today's meme coin market is quite complex. Dogecoin (DOGE) is down 2%, trading at $0.41, with a 24-hour high of $0.42. In contrast, Shiba Inu (SHIB) is up 3%, with the current price at $0.00003015.
Other meme coins also showed mixed performances. PEPE rose by 1%, WIF increased by 4%, while Bonk dropped by 1%. The volatility in the meme coin market remains high, with significant differences in the performances of different tokens.
Top gainers in the cryptocurrency market
Reserve Rights (RSR)
RSR has surged by 121% in the past 24 hours, with the current trading price at $0.026. The lowest price was $0.01231, and the highest price was $0.02669. RSR's strong increase makes it one of the top gainers of the day.
This wave of increase has attracted widespread attention in the market, partly due to speculation that Paul Atkins might be appointed by President Trump as the new chairman of the U.S. Securities and Exchange Commission (SEC), igniting market interest in the RSR project.
Tron (TRX)
Tron (TRX) also performed well, with a price increase of 70%, currently trading at $0.38. The lowest price in the past 24 hours was $0.2245, and the highest price was $0.4406. TRON's market cap has surpassed $32 billion, with a trading volume of $12 billion, solidifying its position among the top ten cryptocurrencies. The strong upward trend indicates sustained market interest in TRON.
Biggest losers in the cryptocurrency market
Kaia (KAIA)
Kaia (KAIA) is the cryptocurrency with the largest drop in the past 24 hours, down 17%. The current trading price is $0.34, with a lowest price of $0.26 and a highest price of $0.39.
Flare Network (FLR)
Flare Network (FLR) also performed poorly, with a price drop of 10%, currently trading at $0.034. The lowest price was $0.03199, and the highest price was $0.0382.
Market overview: Overall, the cryptocurrency market shows some bullish signs today. Major altcoins and Bitcoin prices have generally risen by 1% to 2%. This performance may provide positive signals for investors, suggesting that there could be more growth opportunities in the coming days.