Today, the cryptocurrency market is bullish, with Bitcoin (BTC) soaring above US$100,000, showing strong momentum in cryptocurrency prices. Previously, BTC experienced a turbulent period, dropping to US$92,000 after reaching an all-time high. Ripple's XRP rose by 6% after three consecutive days of decline. Meanwhile, XDC Network became the coin with the largest increase, rising by 36%. The cryptocurrency market rose over 2%, with a total market capitalization of US$3.67 trillion. However, trading volume decreased by 31%, amounting to US$250 billion.
Bitcoin price today
The price of Bitcoin (BTC) is trading at US$99,395, having risen 3% in the past 24 hours. Its 24-hour low and high are US$97,138 and US$101,902, respectively. The market capitalization of Bitcoin is US$1.98 trillion, with a trading volume of US$86 billion, holding a market share of 53.87%.
Ethereum price today
The ETH price is trading at US$3991 and has risen about 4% at the time of this writing. Its 24-hour low and high are US$3,831 and US$4,087, respectively. The market capitalization of Ethereum is US$480 billion, with a trading volume of US$50 billion. It remains the second-largest cryptocurrency, holding a market share of 13.11%.
Altcoins:
If altcoins rise significantly later, especially in the case of a main upward wave, please pay attention to take profits appropriately. The next two years will be the last cycle for many coins; they won't be able to last until the next cycle. The next BTC halving will occur, and you can refer to the previous significant rises in altcoins during bull markets, such as AXS.
The short-term market will have significant potential volatility, especially since many coins have surged dramatically over the past few days, with some doubling in a day. If your altcoins have skyrocketed by more than 30% or 50% in a single day, please be cautious and manage your risks.
Lastly, here is a famous saying recently mentioned by Qing Tian: We come to the crypto space to make money, not just to add funds. Take profits when needed, don’t be reluctant, and understand the purpose of coming to the crypto space!
Layout 3 kinds of altcoins to profit 100 times
1.MODE
The current price of Mode (MODE) is US$0.05318, with a 24-hour trading volume of US$13,038,704. The price has increased by 9.38% over the past 24 hours and by 53.67% over the past 7 days. The circulating supply is 2.50 billion MODE, and Mode's market capitalization is US$133,824,406.
Mode is a project built on Ethereum's second layer using the OP Stack framework of Optimism. According to the team, Mode's second layer aims to reward users who are developing networks to establish innovative on-chain economies.
2.AAVE
The current price of Aave (AAVE) is US$283.42, with a 24-hour trading volume of US$1,077,940,377. The price has increased by 9.13% over the past 24 hours and by 39.19% over the past 7 days. The circulating supply is 15.01 million AAVE, and Aave's market capitalization is US$4,249,959,993.
AAVE is a decentralized lending platform where you can deposit or borrow cryptocurrencies. With the rapid development of the crypto lending market, AAVE is expected to become a leader in this field!
3.ZK
The current price of ZKsync (ZK) is US$0.2611, with a 24-hour trading volume of US$313,004,676. The price has increased by 7.11% over the past 24 hours and by 39.07% over the past 7 days. The circulating supply is 3.68 billion ZK, and the market capitalization of ZKsync is US$958,376,308.
zkSync is a Layer 2 scaling solution based on zero-knowledge proof (ZK-Rollup) technology, designed to enhance the scalability and security of Ethereum. With the congestion of the Ethereum mainnet and high gas fees, Layer 2 solutions are becoming increasingly important. zkSync offers efficient transaction processing capabilities, attracting a large number of users and developers.