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The crypto market today remains under the heat, as the Trump government is all set to make moves around the reciprocal tariffs.
The crypto market today is still in the heat, as the Trump government is set to make moves around the reciprocal tariffs. The crypto market saw the market cap increase modestly by 1.12% to $2.72 trillion, while the trading volume went up by 2.69% to $78.85 billion. The market had a broad correlation with the Asian stock market, which also saw a downturn.
The crypto market had a mixed performance in the last 24 hours, with Bitcoin (BTC) showing strength, rising 1.39% to $84,338.46. However, the mood remained bearish, indicated by the “Fear & Greed” Index slipping to 29.
Data Source: Coin Snapshot 24/8
Bitcoin Price Today Rises Above $84k!
Bitcoin has inched higher, rising 1.39% in the last 24 hours to trade at $84,338.46. The flagship cryptocurrency maintains a market cap of $1.67 trillion, with a 24-hour trading volume of $28.58 billion, up 5.29%. BTC’s price fluctuated between $82,550.70 and $85,487.37, showing resilience despite broader market concerns.
Adding to Bitcoin’s bullish case, Metaplanet Inc. has increased its BTC holdings, acquiring 696 BTC and bringing its total reserves to 4,046 BTC.
Further underscoring the growing institutional interest in Bitcoin.
Curious about Bitcoin’s next price move? Read our Bitcoin (BTC) Price Prediction for potential targets!
Altcoins Struggle as Market Sentiment Weakens
Ethereum posted a minor 0.44% increase, trading at $1,856.54, while XRP fell by 1.58% to $2.08. Solana saw a sharper decline of 2.05%, slipping to $124.02. These mixed performances indicate the uncertain sentiment gripping the altcoin sector.
Interested in knowing about XRP’s future, following the closure of the Ripple vs SEC lawsuit? Read our XRP Price Prediction NOW!
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Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research！
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