#MarketRebound
As we approach the end of 2024, crypto investors are wondering whether this rally has already faded or if it still has the potential to push the markets higher.
Current Market Overview
Bitcoin $BTC , the market leader, is currently trading at around $95.00, reflecting a gain of less than 1% in the past 24 hours.
Ethereum $ETH is following suit with a gain of less than 1%, priced at around $3,291. Solana $SOL and Binance Coin [BNB$] are also showing slight gains, with the total crypto market cap hovering near $3.5 trillion.
Despite the slight pullback, trading volumes remain strong. Bitcoin’s dominance, now at 55.08%, confirms its pivotal role during this seasonal period.
Moreover, the Fear and Greed Index, currently at 70 (Greed), indicates that market sentiment remains bullish, albeit cautiously.