Why Crypto Is Up Today?

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Why Crypto Is Up Today?

The post Why Crypto Is Up Today? appeared first on Coinpedia Fintech News

The crypto market today has been posting mild recovery, with the market cap inching up 0.65% to $3.59 trillion. Talking about business volumes, the intraday trade took a jump of 9.11% to $175.68 billion, the greener numbers are catalyzed by the expectation of a pro-crypto policy from Trump’s government. Successively, the Fear & Greed Index rose to 66, highlighting growing “Greed” among market players.

Bitcoin’s Steady Climb to $105k

Bitcoin has once again demonstrated its dominance, rising 2.07% in the past 24 hours to reach $103,459.42. The coin’s market cap grew by 2.09% to $2.04 trillion, with trading volume spiking by 17.85% to $68.12 billion. Analysts suggest that investor anticipation of pro-crypto policies under Trump could be a driving factor behind this surge.

As Bitcoin approaches the $105,000 mark, market watchers remain optimistic about its potential. Read our Bitcoin Price Prediction 2025, 2026-2030 for all the details!

Altcoins Watch: Solana Drives the Altcoin Market?

Altcoins painted a mixed picture today. Solana emerged as the star performer, posting a sharp 7.49% gain to $228.37, while Ethereum slid 2.16% to $3,292.99, and XRP faced a sharp decline of 6.49% to $3.11.

Curious about Solana’s future moves? Read our Solana Price Prediction 2025, 2026-2030 for potential targets!

Top Gainers & Losers

Among smaller tokens, SPX6900 took the spotlight, surging 34.03% to $1.42, while OKB and RAY posted impressive gains of 12.87% and 12.83%, respectively. Conversely, top losers included AI16Z, which dropped 20.16%, and FARTCOIN, down 13.80%.

Subscribe to stay updated with the latest crypto trends as market dynamics continue to evolve!

FAQs

1. How much does 1 BTC cost today?

As of now, 1 Bitcoin (BTC) is priced at $103,459.42.

2. Which tokens have gained the most today?

Top gainers include SPX6900 (+34.03%), OKB (+12.87%), and RAY (+12.83%).

3. Why is Solana trending today?

Solana surged 7.49%, driven by rising investor interest and its robust ecosystem performance.

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