The cryptocurrency markets are experiencing a new wave of bullishness with Bitcoin reaching $98,000, while the general market is showing a positive outlook. Meme coins and altcoins continue to attract investors. The market cap has increased to a total of $3.49 trillion, and the fear and greed index of investors has reached 60, indicating increasing optimism.
Cryptocurrency Market Gathers Strength
Bitcoin is consolidating its leadership in the market by rising from $92,000 to $98,000. This jump was supported by MicroStrategy's capital increase announcement for new Bitcoin purchases. Thus, while investor confidence increased, there was a significant inflow of $655 million to BTC ETFs. Fidelity contributed $356 million to these purchases.
Ethereum also gained 4% in value, parallel to Bitcoin's rise, reaching $3,596. Ethereum ETFs saw an inflow of $24.9 million. XRP and Solana also gained 2% and 5%, respectively, contributing to the positive atmosphere of the market. Airdrop rumors in the Solana ecosystem created excitement in the community, while the SOL price rose to $217.
Today, in the meme coin market, remarkable rises of projects such as Dogecoin and Shiba Inu stand out. Dogecoin rose by 14% to $ 0.39, while Bonk (BONK) attracted the attention of investors with a 15% increase. However, some meme coins such as Pudgy Penguins (PENGU) remained in the red zone and showed a different performance than the market average.
Top Winners: Internet Computer (ICP) and EOS
ICP has been a strong performer in the market, rising 15% in the last 24 hours to $12.39, while EOS is up a similar 15% to $0.93. These increases have increased investor interest in both projects and reinforced positive expectations about their future potential.
Biggest Losers: FTX Token (FTT) and Virtual Protocols (VIRTUAL)
FTX Token (FTT) was the worst performing cryptocurrency of the day, down 9%. The company has already started the process of distributing funds to creditors as part of its restructuring process. Virtual Protocols (VIRTUAL) drew attention with a 6% drop, but seems to be resisting the general market trend.