The crypto market is experiencing a wave of optimism, with major cryptocurrencies posting notable gains today. Bitcoin (BTC) has surged past the $64,000 mark, while Ethereum (ETH), Solana (SOL), and XRP are also seeing green. Among the biggest surprises, meme coins BRETT and Book of Meme (BOME) have emerged as the top gainers, showcasing impressive growth. These developments are fueling a broader positive sentiment across the market.
Bitcoin and Ethereum Leading the Charge
Bitcoin’s price surged by over 2% in the past 24 hours, reaching $64,210, with its lowest point of the day recorded at $62,035. The 24-hour trading volume of Bitcoin saw a significant 27% increase, and its market capitalization now stands at $1.27 trillion. In the past week, $308.76 million flowed into spot Bitcoin ETFs, boosting confidence among investors. The rising BTC market cap reflects a growing optimism in the crypto space.
Ethereum, meanwhile, recorded an approximately 3% gain, climbing to $2,525. Its lowest point in the past day was $2,436.97, while its market capitalization now hovers around $304.18 billion. Despite weekly ETF outflows, Ethereum’s 16% jump in trading volume, reaching $10.78 billion, reflects its resilience in the market’s current upward trend.
Solana and XRP Riding the Wave
Solana has also capitalized on the broader market momentum, posting a near 5% increase and hitting $153, with a daily low of $144.62. Its market cap is now at $71.75 billion, confirming SOL’s strong performance as a top pick for investors during this market recovery.
XRP, on the other hand, registered a modest 0.42% gain, reaching $0.5385. With a market cap of $30.48 billion, positive speculation around an XRP ETF has reignited investor interest in the coin.
Meme Coins On the Move: BRETT and BOME Top the Charts
Meme coins are enjoying renewed attention, with Dogecoin (DOGE) rising by nearly 2% to $0.1131 and Shiba Inu (SHIB) following suit, climbing by 2% to $0.00001799. Other meme coins like Pepe Coin (PEPE), dogwifhat (WIF), and Bonk also saw price increases between 2% and 4%.
The most striking performers in the meme coin space were BRETT, which skyrocketed by over 19% to $0.1147, and Book of Meme (BOME), which surged by 27% to $0.008846. These substantial gains have made both coins stand out as top earners, with investors flocking to take advantage of their rising momentum.
Notable Market Declines: POPCAT and HNT Struggle
While many coins are benefiting from the current market surge, some are facing downward pressure. POPCAT dropped by over 6%, falling to $1.39. HNT also saw a decline, shedding nearly 3% of its value to land at $6.31. UNI joined the losing side with a more than 2% drop, bringing its price down to $7.86.
Despite these losses, the overall sentiment in the crypto market remains positive, with many investors looking to capitalize on the ongoing recovery.
The crypto market is experiencing a strong surge led by Bitcoin and Ethereum, with meme coins like BRETT and BOME making headlines as the biggest gainers of the day. As market optimism continues to grow, these price movements suggest potential opportunities for savvy investors.
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