It is a different day for the cryptocurrency market today as Bitcoin and most other Altcoins are all trading in green. The coin extremely bullish since yesterday and the Fear and Greed Index is also up by multiple points. Even though it is still not in the Greed zone, it is out of the fear zone and now stands at 42/100.
Bitcoin’s (BTC) price, was quite bullish today but was still below the $30,000 threshold at $27,429.29, and up by around 5.22% since yesterday. Other well-known altcoins, Cardano (ADA), Solana (SOL), and Polkadot (DOT) experienced gains on the other side of the border.
Ethereum is trading at $1,719.74, with almost 4.16% increase in the last 24 hours. Among other prominent cryptocurrencies, the XRP coin price observed a rise of 2.42%. Solana also faced gains, with its price increasing by 5.70%. On the other hand, Polygon (MATIC), which traded on red lines a few days back, is again up by 4.47% since the last day. Polkadot coin price saw an increase of almost 0.54% in one day.
The realm of meme cryptocurrencies tells the same story. In the past 24 hours, Dogecoin’s price witnessed an increase of around 3.76%, while Shiba Inu’s token price is up by almost 1.18%, in the last 24 hours.
The crypto market today is primarily bullish with very few exceptions. The global crypto market cap has increased vividly since yesterday and now stands at $1.09 trillion. The 24-hour crypto market volume is $54.95 billion, with a more than 126.45% increase.
Pepe coin price is facing the bulls today after a long break. The price is up by almost 3% since yesterday. It is trading at $0.000000879, at the time of writing. It holds a global market cap of $344.39 million. This is possible because, in an intriguing turn of events, many investors are starting to pay attention to PEPE.
XDC Network’s XDC token is also facing the bulls today. XDC token price is up by more than 12% in the last 24 hours. Its price is trading at $0.06309, the the time of writing. It holds a global market cap of $873,090,855. Tradeteq, a marketplace for private debt and physical assets based in the UK, launched a tokenized U.S. Treasury offering on the layer 1 blockchain XDC Network yesterday.
Also Read: “Grayscale Victory Bearish for Bitcoin”- Peter Schiff
Stacks (STX) token price is extremely bullish today and up by more than 17% in the last 24 hours. Its price is trading at $0.5387, the the time of writing. It holds a global market cap of $756,526,017. Bitcoin may reach $0.78 in the fourth quarter of 2023, according to analysts, as long as Stacks keeps powering smart contracts for it.
Toncoin (TON) is bullish today and up by more than 11% in the last 24 hours. Its price is trading at $1.69, the the time of writing. It holds a global market cap of $5,786,152,720. The Toncoin team recently reported that, as compared to prior quarters, the total value locked (TVL) in the Toncoin cryptocurrency increased significantly by 30.4%.
Also Read: Grayscale Lawsuit: US Rep. Warren Davidson Wants SEC’s Gary Gensler Fired
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