Market dynamics are here! 🚀
$SHIB and $PEPE have risen strongly, and Bitcoin has also firmly stood back to the $64,000 mark! 💪
In the past 24 hours, (SHIB), the star of the altcoin, has shined, with its price soaring by an astonishing 13%! 🚀 Its performance has attracted countless eyeballs, directly reaching a new high of $0.000017, becoming the leader among large-cap altcoins.
And what about Bitcoin? Although it once fell below $62,800 in the morning, it quickly rebounded like an indestructible cockroach, and is now hovering around $64,000. 📈 The rate cut by the Federal Reserve was like a shot of adrenaline for Bitcoin, which made it soar from $58,000 to over $60,000. Although it is still hovering in front of the resistance level of $64,800, the momentum is so strong that no one can help but say "Awesome"!
Speaking of volatility, although the net inflow of spot Bitcoin ETFs is increasing, the market is still inevitably a little turbulent. But it doesn't matter, Bitcoin's market value is still firmly standing at around $1.26 trillion, and its market dominance has only slightly dropped to 53.7%. 💼
Let's look at PEPE again. It is not to be outdone. Following SHIB, the price rose by 7% to $0.000009. $DOGE also performed well, up more than 4%. TON, ADA, DOT and NEAR also have good gains. In contrast, large-cap altcoins such as ETH, BNB, XRP and LINK seem a bit calm and have little volatility.
The total market capitalization of the entire cryptocurrency market has also increased slightly with these increases, and now stands at $2.35 trillion! 🎉 Market sentiment is very positive, and investors are full of expectations for the trend in the next few days. The strong performance of SHIB and PEPE, coupled with the continued recovery of Bitcoin, it seems that the crypto market is about to usher in another wave of gains! 🌊