MARKET UPDATE
1. **Bitcoin (BTC)**: Bitcoin is trading around $95,443, showing a 2.89% increase over the past 24 hours. It is maintaining support near $93,400 with resistance anticipated at $99,300. Traders are optimistic about BTC potentially reaching the $100,000 mark soon due to favorable market sentiment and expectations of U.S. Federal Reserve interest rate cuts.
2. **Ethereum (ETH)**: Ethereum's price is at $3,679.41, with a daily gain of approximately 5.51%. Positive sentiment around Ethereum continues, supported by strong market demand.
3. **Top Gainers**: Ethereum Name Service (ENS) surged by 33.36% in the last day, trading at $33.82. Other significant gainers include Stellar (XLM) and Render (RENDER), which have shown double-digit percentage increases.
4. **Top Losers**: Coins like Mantra DAO (OM) and XinFin Network (XDC) experienced minor losses, with declines of around 3-5%.
5. **Market Trends**: The global crypto market capitalization rose to $3.37 trillion, reflecting a 3.44% increase. Bitcoin dominance has slightly decreased, now making up 56% of the total market.
#ETHOnTheRise #MicrosoftBTCInvestmentVote #XRPReclaimsTop3 #NFTIsBack