The cryptocurrency market continues to attract investors' attention by recording significant increases today. Bitcoin (BTC),$BTC
broke a new record by reaching $99,000 for the first time in its history. Ethereum (ETH) and Solana (SOL)$SOL
Leading cryptocurrencies such as also displayed impressive performances and had a strong impact on the market. The global market value increased by 6% to $3.26 trillion, while the transaction volume increased by 41%. This led to more pronounced market activity.
Bitcoin gained 5% in the last 24 hours and reached $98,683. After the fluctuations during the day, it climbed to a new peak of $98,834. While Bitcoin's market value reached $1.95 trillion, its market dominance remained at 59.53%. In addition, the $397 million investment in Bitcoin ETFs once again revealed the interest of institutional investors in cryptocurrencies.
Ethereum$ETH
continued its rise, rising by 9% to $3,331. Ethereum, whose market value exceeds $400 billion, has realized a trading volume of $52 billion in the last 24 hours. Developments such as the purchase of Super Anon (ANON) tokens on Vitalik Buterin’s Base platform have increased Ethereum’s interest in privacy projects and supported its value gain. Solana also increased its effectiveness in the market by rising by 12% to $261.
There was also significant movement in the altcoin market. XRP increased by 25% to $1.36, bringing its market value to $78 billion. Meme coins also rose; Dogecoin and Shiba Inu gained 6% and 7%, respectively. Other meme coins such as PEPE, BONK and WIF also recorded notable increases.
The biggest gainer of the day was FTT token, which climbed 34% to $2.68. Optimism (OP) rose 24% to $2.03. However, some tokens like FLOKI lost 5%.
While the strong performance in the crypto market offers different opportunities to investors, volatility also stands out as a factor to consider. In this period when Bitcoin and Ethereum continue to lead, it should not be forgotten that investors should act carefully and cautiously.