Global investor speculation has increased with the stagnation in Bitcoin price and the decreasing movements shown by major altcoins. XRP is up 6% among the top 10 cryptocurrencies, while Shiba Inu and Tezos have seen impressive gains of 13% and 20% respectively. Today, Core (CORE) is the top gainer with a remarkable 28% increase.
The global crypto market cap increased by 0.35% to $3.39 trillion, while the total market cap decreased by 9% to $155 billion. Bitcoin price experienced a significant decline today, briefly dropping to $95,800. Ethereum (ETH) increased by 2%. XRP gained between 5% and 6%. Despite the market volatility, Bitcoin’s decline was in contrast to the moderate rise in altcoins. Bitcoin is currently trading at $96,200, down less than 1% in the last 24 hours. Its lowest and highest levels in 24 hours were $95,770 and $97,264, respectively. Bitcoin’s market cap is $1.9 trillion, while its trading volume reached $32 billion.
Anthony Pompliano highlighted regulatory uncertainty and potential extreme scenarios regarding the risks of MicroStrategy’s Bitcoin strategy, which could affect the company’s long-term approach to Bitcoin assets. Ethereum is trading at $3,690, up 2% in the last 24 hours. Its lowest and highest 24-hour prices are $3,621 and $3,739, respectively. Ethereum’s market cap is $444 billion, while its trading volume is $31 billion. Ethereum has gained positive momentum over the past week, up 8%.
In the cryptocurrency market, the SOL price fell by 3% in the last 24 hours to $236. The lowest and highest levels in 24 hours were $234 and $245, respectively. With a market value of $112 billion and a trading volume of $4 billion, SOL has a market dominance of 3.31% and ranks 4th in terms of market value. The XRP price increased by 6% to $1.89, making it the coin that gained the most value among the top 10 coins with its gain in the last 24 hours. XRP's market value reached $100 billion, surpassing BNB and taking 5th place.
Meme coins are mixed. Dogecoin (DOGE) is up only 1% and is trading at $0.425. Shiba Inu (SHIB) is up an impressive 13% to $0.00002935. Other meme coins, PEPE, BONK, and WIF, are down between 1% and 5%.
CORE gained the most today, rising 28% to $1.79. THETA rose 25% to $2.86. Its 24-hour low and high were $2,294 and $3,165, respectively. The biggest loser was PNUT. PNUT fell 9% in 24 hours, dropping to $1.15. Its 24-hour low was $1.13 and its highest was $1.278. WIF is also down 6% to $3.08.
