Bitcoin Price Today: Token Above 1,05,700 Levels, Crypto Market in Green

Bitcoin sees a minor increase today, priced at $105,723.29; market cap at $2.1 trillion; Ethereum slips slightly; stablecoin Tether remains steady. Overall, crypto market cap is up to $3.29 trillion with changing trading volumes.

Bitcoin, the leading cryptocurrency, is showing positive movement today. Its value has increased by 0.11% over the last 24 hours, climbing to $105,723.29, as reported by CoinMarketCap. The market capitalisation has reached $2.1 trillion, reflecting an increase of 0.21%. However, trading volume has seen a slight dip, decreasing by 0.81% to $37.73 billion.

Currently, Bitcoin holds a dominant 63.7% share in the crypto market. Community sentiment on CoinMarketCap suggests a bullish outlook, with about 82% of users expressing optimism towards Bitcoin’s performance. As of June 9, the broader cryptocurrency market has a capitalisation of $3.29 trillion, which is up 0.19% from the previous close. Trading volume within this period rose significantly by 6.76%, totalling $91.36 billion.

In a contrasting trend, Ethereum, the second-largest cryptocurrency, has decreased by 0.74%, sitting at $2,496.86, although it remains in the $2,400 range. The market cap for Ethereum now stands at $301.5 billion, marking a 0.89% fall, while its trading volumes increased by 8.31%, reaching $12.41 billion. Ethereum’s market dominance is now at 9.2%.

Tether, the stablecoin pegged to the US Dollar, is also performing well, valued at $1 with a market cap of $154.84 billion, showing a slight increase of 0.01%. Trading volumes for Tether rose by 8.38%, with transactions at $58.99 billion. Interestingly, Solana, a cryptocurrency endorsed by Donald Trump, also saw a rise of 1.06%, now priced at $151.79. Its market cap increased to $79.66 billion, and trade volume rose by 8.22% to $2.01 billion in the past 24 hours.

Looking at the overall market, the top gainers today include tokens like Solana, while the top losers are DEXE, which fell by 8.81%, followed by Stacks at 3.75%, and Artificial Superintelligence Alliance down by 3.68%. Other notable decliners include Optimism and Kaspa, both registering losses of roughly 3% and 2.48%, respectively.

For ongoing updates and deeper insights into the market, including business and breaking news, consider checking out platforms like Live Mint. The Mint News App offers all the latest daily market statistics and updates, keeping you current in the cryptocurrency space.