The cryptocurrency market reached a significant milestone with Bitcoin (BTC) reaching a new high of $106,000. Following this rise, major altcoins such as Ethereum (ETH), XRP, and Solana (SOL) also gained value. Meme coins also benefited from this momentum, recording increases of 2-3%.
Bitcoin is trading at $105,120, up 3% in the last 24 hours. Reaching a low of $101,592 and a high of $106,400 during the day, Bitcoin increased its market value to $2.08 trillion. With this increase, 24-hour trading volume increased to $60 billion and Bitcoin's market dominance was recorded as 56.10%. According to SoSo Value data, $2.17 billion inflows were made to BTC ETFs last week, indicating that investor interest continues to be strong.
Ethereum is trading at $3,984, up 3% in the last 24 hours. The daily low and high values changed between $3,833 and $4,022, respectively. Ethereum's market value reached $481 billion, and its trading volume reached $30 billion. Ethereum's market dominance was recorded as 12.93%. In addition, $854 million inflows were made to ETH ETFs last week, which represents the highest ETF inflow in recent weeks. This situation shows that Ethereum is attracting more attention from institutional investors and strengthening the market dynamics.
XRP is trading at $2.40, up 1% in the last 24 hours. The daily low and high ranged from $2.37 to $2.466. XRP has a market cap of $138 billion and a trading volume of $7 billion. BlackRock CEO Jay Jacobs’ plans to launch an XRP ETF have created excitement among investors. If realized, XRP is expected to attract more institutional investors and increase its price.
Solana,$SOL
It is trading at $222, up 1%. The price range during the day has changed between $216 and $227. Solana's market value has reached $106 billion, and its trading volume has reached $3.4 billion. According to the latest data, Solana's market dominance is 2.88%. With its strong technological infrastructure and increasing developer interest, Solana stands out as the 5th largest cryptocurrency in the market.
Meme coins also gained value in parallel with the overall market rally. Dogecoin (DOGE) rose 3% to $0.40, while Shiba Inu (SHIB) rose 2% to $0.00002767. Other meme coins such as PEPE, BONK, and FLOKI also saw gains of 1-2%. This movement in meme coins contributes to the overall upward trend in the market, and the community-supported nature of these coins keeps investor interest alive.
Fantom (FTM) is the biggest gainer today, up 17% to $1.44. Stacks (STX) is up 15% to $2.55. Ethereum Name Services (ENS) is up 13% to $49.45 and continues its upward trend.
On the other hand, Aave (AAVE) is trading at $366, down 3%. However, AAVE has increased by 32% in the past week. Trump World Liberty Financial’s AAVE purchases have increased demand for the token. As we reported at Kriptokoin.com, these fluctuations in the markets present both risks and opportunities for investors. Bitcoin reaching new highs and altcoins gaining strength could increase market volatility in the coming period.