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The crypto prices today witnessed a continued upward trajectory within the broader crypto market as traders’ confidence in riskier and volatile assets remains persistent. The current market sentiments, as illustrated by the global crypto market cap, come conveying primarily bullish thoughts since the market cap recorded a remarkable jump over the past day.
Moreover, aligning with the rise in market cap, some of the top cryptocurrencies globally also showcased notable gains.
Meanwhile, the preservation of the upward trajectory within the broader crypto market came in essence from the U.S. Fed’s recent announcement, illuminating unchanged interest rates for the third consecutive year. This announcement appears to have bolstered crypto traders’ and investors’ market confidence, as reflected by the market cap.
In addition, the filing of a Bitcoin Buffer ETF seems to have further fueled optimism into market traders’ sentiments, offering a form of security for potential ETP trading in the U.S.
Meanwhile, aligning with the aforestated saga, the Bitcoin price today recorded a marginal jump of 0.10%, resting at $42,767.35. As illustrated by a boost in market confidence, the Bitcoin price appears to have mirrored the upsurge, with people anticipating a new yearly high shortly.
Moreover, the Ethereum price also noted an upswing, surging 1.20% in the 24 hours and currently trading at $2,276.10. This was further accompanied by a 14.51% increase in the token’s market cap, currently at 12.91 billion.
Simultaneously, the XRP price also upsurged 1.64%, reaching $0.6343, escorted by a 3.89% increase in its trading volume, which is currently at $1.50 billion.
Meanwhile, mirroring the ripple effect, the Solana price also gained substantially, surging 6.78% in the past 24 hours. The Solana price currently trades at $74.71, with a 20.24% increase in its trading volume, evaluating $2.57 billion.
In the midst of cryptocurrencies witnessing a price surge, the global market cap registered an increase of 0.52% over the past day, currently at $1.61 trillion. Furthermore, the trading volume also marked a 2.65% increase, evaluated as $67.82 billion.
Also Read: FTX and Celsius Deposit Large Amounts of Ethereum on Exchanges, ETH Price Drop soon?
Top Crypto For Today
BONK Soars 108%
The Bonk cryptocurrency, noting significant gains in recent days, stirred quite the speculation among crypto fanatics. As of writing, the Bonk price recorded a phenomenal 108.05% surge, reaching $0.00002914. Moreover, the token’s trading volume noted a colossal 204.26% surge in the past 24 hours, resting at $828.27 million.
Pepe Coin Jumps 2%
The Pepe coin price witnessed a slight bump of 2.07% in the past 24 hours, currently trading at $0.000001429. Although the price movement for the token was turbulent over the past week, the token’s pump appears to be in the pipeline as the price is regaining momentum. Furthermore, the token’s trading volume also portrayed a significant 45.98% increase.
1000SATS Price Upswings 33%
At the time of writing, the 1000SATS price soared 32.95%, evaluating $0.0008148. Moreover, the token noted a 100.79% increase in its 24-hour trading volume, reaching $686.72 million. With its price trajectory illuminating a sudden and colossal jump, the token appears to have fueled speculations within the crypto horizon.
Also read: Shiba Inu (SHIB) Price Faces Rejection at $0.000010995, What’s Next?
The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
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