Highlights:
Today, the cryptocurrency market performed strongly, with Bitcoin reaching a new high of $106,000, driving the bull market momentum. Major altcoins like Ethereum, XRP, and Solana also saw significant increases.
Fantom (FTM) led the gains with an increase of up to 17%, followed closely by Stacks (STX), which rose by 15% in the last 24 hours.
In recent weeks, Ethereum ETF inflows have reached $854 million, indicating growing interest from institutional investors.
Overall, the global cryptocurrency market cap increased by about 3% to $3.74 trillion, with trading volume rising by 20% to $147 billion. The Fear and Greed Index shows 80, indicating extremely greedy market sentiment, which further fuels the current bullish atmosphere.
Today's cryptocurrency market performance: BTC breaks through $106,000, ETH, XRP, and SOL all rise.
Today, Bitcoin (BTC) surged strongly, breaking through $106,000 and setting a new high. Over the past week, Bitcoin's price has fluctuated between $97,000 and $103,000.
Apart from Bitcoin, major altcoins also performed well, with a general increase in the past 24 hours. Even meme coins saw a rebound, with top tokens rising between 2% to 3%.
Bitcoin price
Currently, Bitcoin's trading price is $105,120, up 3% in the past 24 hours. The low and high in the last 24 hours were $101,592 and $106,400, respectively. Bitcoin's market cap is $2.08 trillion, with a 24-hour trading volume of $60 billion, and a market share of 56.10%.
According to SoSo Value data, last week, Bitcoin ETF inflows reached $2.17 billion, marking the second consecutive week of inflows, indicating strong investor interest in Bitcoin.
Ethereum price
Ethereum (ETH) is currently priced at $3,984, up 3% in the past 24 hours. Its 24-hour low was $3,833 and high was $4,022. Ethereum's market cap is $481 billion, with a 24-hour trading volume of $30 billion, and a market share of 12.93%.
Last week, Ethereum ETF inflows reached $854 million, achieving positive inflows for the third consecutive week and marking the highest inflow in recent weeks, indicating rising interest from institutional investors in Ethereum.
XRP price
XRP's current trading price is $2.40, up 1% in the past 24 hours. The low and high in the last 24 hours were $2.37 and $2.466, showing relatively stable performance.
XRP's market cap is $138 billion, with a 24-hour trading volume of $7 billion, remaining one of the larger cryptocurrencies by market cap. Additionally, BlackRock CEO Jay Jacobs revealed potential XRP ETF plans, sparking investor enthusiasm and expectations.
Solana price
Solana (SOL) is currently trading at $222, up 1% in the past 24 hours. The low and high in the last 24 hours were $216 and $227, maintaining a stable trend.
Solana has a market cap of $106 billion, with a 24-hour trading volume of $3.4 billion, remaining an important player in the cryptocurrency market. According to the latest data, Solana is the fifth largest cryptocurrency, with a market share of 2.88%.
Meme coin market performance
Top meme coins performed positively today, following the general market trend upwards. Dogecoin (DOGE) rose by 3%, with a current trading price of $0.40; Shiba Inu (SHIB) increased by 2%, trading at $0.00002767.
Other meme coins, such as PEPE, BONK, and FLOKI, also followed the upward trend, with increases between 1% and 2%. Overall, the meme coin market performed steadily, enhancing the rebound momentum of the overall market.
Today's top-performing cryptocurrencies
Fantom (FTM)
Fantom became the top-gaining cryptocurrency today, with a price increase of 17% to a current trading price of $1.44. The 24-hour low was $1.199 and the high was $1.47, showing strong upward momentum.
Stacks (STX)
Following closely is Stacks, with a 15% increase and a current price of $2.55. Its 24-hour low was $2.195 and high was $2.619, showing outstanding performance and a continuously bullish market.
Ethereum Name Service (ENS)
Ethereum Name Service (ENS) also performed well, rising 13% in the past 24 hours, with a trading price of $49.45. Its lowest price was $42.85, and the highest price was $50.25, indicating strong market growth momentum.
Today's largest decline in cryptocurrencies
AAVE
AAVE saw the largest decline today, with its price dropping by 3% to a current trading price of $366. The 24-hour low was $355, and the high was $378. Despite the short-term drop, the coin has still risen 32% over the past week due to Trump's World Freedom Finance beginning to purchase AAVE.
Market dynamics
The hourly chart of the overall market shows some downward trends, with Bitcoin falling about 0.5% in the past hour. Major altcoins like Ethereum, XRP, and Solana also declined approximately 1% in the last hour. These fluctuations are part of the market's ongoing dynamics and may indicate a potential short-term adjustment.