Bitcoin eyes new ATH, as it stabilizes above the $100k psychological mark. The cryptocurrency market today has resumed its upward momentum
The cryptocurrency market has continued its upward trajectory, with the market cap increasing by 0.78% over the past 24 hours to reach $3.36 trillion. Despite a 1.71% decrease in volume to $141.83 billion, business remains brisk. Market sentiment has grown more bullish, with the Fear & Greed Index reporting a greed score of 73.
Bitcoin price today (BTC) is at $104,306.94, a decrease of 0.13% over the last 24 hours. As the leading cryptocurrency, Bitcoin is showing promise of reaching new all-time highs (ATHs) as it trades above the crucial psychological level of $100k. With a 24-hour trading volume of $52.5 billion and a market cap of $2.07 trillion, Bitcoin is showing signs of strength. A bullish move above the $106k level could propel BTC price to a new ATH, surpassing its current at $109,114.8. However, if the price drops below this level, it could trigger a chain reaction that impacts major altcoins.
Top 5 Altcoins Poised for ATH this Week
BNB price is up 13.61% this week, currently selling on exchanges at $672.36. With a solid market cap of $94.78 billion and growing ecosystem demand, BNB could close the week by surpassing the ATH of $793.35.
Potential High: $795
Average Price: $700
Potential Low: $640
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