Bitcoin (BTC) Reclaims $97,000 Mark as the Overall Market Catches Up with a Decent Rally

The cryptocurrency market is again catching up with a decent rally, leading Bitcoin (BTC) to reclaim the $97,000 mark while altcoins like ETH

The cryptocurrency market is again catching up with a decent rally, leading Bitcoin (BTC) to reclaim the $97,000 mark while altcoins like ETH, XRP and SOL are seeing notable gains in the past 24 hours.

As investors see likeable growth into various leading crypto assets today, the overall market sentiment is fueled by anticipation around the FOMC meeting, which is to take place later.

The renewed interest in Bitcoin is expected to push it towards a breakout to the $100,000 milestone, which has been manifested by traders since last week. At the time of writing, Bitcoin is trading at $97,048 - up 3.49%.

Following the 3% pump in BTC, leading altcoins have also joined the rally, with Ethereum (ETH) posting a solid 4% gains, on Pectra Upgrade activation news. It is currently trading at $1,835. XRP, on the other hand, has climbed to $2.14, driven largely after anticipation around XRP ETF.

Other major altcoins—including Solana (SOL), Cardano (ADA), and Dogecoin (DOGE)—have outperformed both the leading cryptocurrency with impressive 4% jumps.

From the top gainers, Stacks (STX) has soared 16%, trading at approximately $0.864, followed by Litecoin (LTC) with a 12% jump to $91.39 in the past 24 hours. Besides—QNT, IOTA and HYPE are other top movers today.

On the losing side, Virtuals Protocol (VIRTUAL) dropped 8% to $1.37 while Fartcoin (FARTCOIN) fell 7% to $0.9856, cooling off after a 48.33% surge in January.

Trending Crypto Today

NameLast Price ($)Change (24h)

BitcoinBTC97,048.333.49%

EthereumETH1,835.04%

Remplace avec le jeton préféré n° 1 sur FTX U.S.Avoir plus léger que le triple du jeton préféré n° 2 montre à quel point l'intérêt des investisseurs est faible pour les jetons autres que Bitcoin sur FTX U.S. malgré le lancement récent de la bourse.

Top Gainers Today

CoinNameLast Price ($)Change (24h)

StacksSTX0.86416%

LitecoinLTC91.3912%

QuantQNT164.509%

IOTA0.5184%

HypeHYPE8.0854%

Top Losers Daily

CoinNameLast Price ($)Change (24h)

Virtuals ProtocolVIRTUAL1.378%

FartcoinFARTCOIN0.98567%

Market Overview

The global crypto market capitalization has today reclaimed the $3 trillion mark, with a 24-hour trading volume of $81.61 billion. The total market cap now stands at $3.01 trillion, and the cryptocurrency market is showing signs of a strong recovery.

The crypto market has also seen a shift in investor interest, with more traders focusing on Bitcoin and leading altcoins. This is evident in the recent price movements, which have been driven by anticipation for the FOMC meeting and the SEC's decision on the first Bitcoin ETF.

As of the last update, Bitcoin’s price is showing a 3% increase in the last 24 hours, pushing it to $97,048. On the other hand, Ethereum is experiencing a 4% rise with the activation of the Pectra upgrade, bringing its price to $1,835. Together, these trends highlight the dynamic and fast-paced nature of the cryptocurrency market.