Bitcoin rebounds to $96K as altcoins surge. Notably, VIRTUAL skyrockets 35%, while CRV and FARTCOIN gain 10%. In contrast, FLOKI leads losses at -5%. Overall, the crypto market cap rises to $3 trillion.
Fast Summary
Today’s crypto market shows significant movements, with Bitcoin reclaiming the $96,000 level for the first time since February. Notable altcoin gains include Virtuals Protocol’s VIRTUAL token skyrocketing by 35%, while CRV and FARTCOIN both saw 10% increases. However, FLOKI faces challenges, dropping by 5%. Overall, the global crypto market cap stands at $3 trillion.
Article Body
As we approach the weekend, Bitcoin is making headlines yet again, climbing back to the $96,000 mark. This milestone represents its first uptick to this level since February 24, when it previously established itself as a key support zone. Undoubtedly, this current price range may act as a significant resistance on Bitcoin’s quest to breach the elusive $100K threshold.
Riding the market reversal wave, a number of altcoins are having their moment in the sun. Virtuals Protocol’s VIRTUAL token is stealing the spotlight today, boasting an impressive surge of over 35%. Additionally, CRV, along with FARTCOIN, both realised gains of 10%. Traders are buzzing with hope that Bitcoin might just smash through that $100K barrier by the time the weekend rolls around. At the moment, Bitcoin sits at $96,241, enjoying a modest increase of 1.32% in the past 24 hours.
Meanwhile, Ethereum is shaking off its earlier slump, having dipped to $1,741 earlier today but has now lifted its price to about $1,850. Similarly, Solana appears to be staging a recovery, trading around $151.8, marking a 2.76% rise in the last day. Other well-known cryptocurrencies like XRP, BNB, DOGE, and ADA are also bouncing back, each aiming for weekly highs.
Other altcoins, such as HYPE, INJ, FET, SEI and WIF, are experiencing positive momentum too, with gains averaging around 7% today. A closer look, however, reveals some losers among the crowd. FLOKI leads the decline with a 5% drop, followed by OP’s 4% decrease, and IP losing 3%. Smaller caps like XDC, LAYER, FLR, IMX and TON have also seen losses of around 2% in the last 24 hours.
In today’s crypto buzz, the GORK meme coin is turning heads with a staggering 60,000% rise! In just hours, its market cap soared from $1.6 million to a whopping $60 million. Launched on the Solana blockchain, GORK’s explosive growth is driven by its quirky AI persona and viral excitement, capturing the interest of trading communities, with volumes hitting around $135 million.
Trending Crypto Today
– VIRTUAL (Virtuals Protocol)
– WLD (Worldcoin)
– BEAM (Beam)
– ALPHA (Stella)
– FARTCOIN (Fartcoin)
Top Gainers Today
– VIRTUAL (Virtuals Protocol): +35%
– CRV (Curve DAO Token): +10%
– S (Sonic): +10%
– FARTCOIN (Fartcoin): +10%
– INJ (Injective): +8%
Top Losers Today
– FLOKI (Floki): -5%
– OP (Optimism): -4%
– STORY (IP): -3%
– IMX (Immutable): -2%
– FLR (Flare): -2%
As of now, the global crypto market capitalisation has risen by 1.12% today, currently residing at $3 trillion, with a 24-hour trading volume of $85.34 billion. Bitcoin rules the market with a dominance of 63.55%, while Ethereum holds a 7.4% share according to CoinMarketCap data.
Also read: Trader Turns $1,513 into $295K with GORK Meme Coin Bet
Proof to Links
https://coinmarketcap.com
