The crypto market is having a very active and exciting day today. Bitcoin (BTC) overwhelmed its investors by reaching $ 97,000. However, while there is a general stagnation in altcoins , we are faced with a complex picture in meme coins. Here are the notable developments of the day!
Leading Crypto Bitcoin and Ethereum
Bitcoin achieved incredible success today and reached a new peak of $97,000. The leading cryptocurrency in the market broke through its narrow range of $87,000-$93,000 and entered a strong uptrend. In particular, Bitcoin’s market value increased by 5% in the last 24 hours to $1.91 trillion. The new $750 million inflow to BTC ETFs was one of the biggest supporters of this rise. BlackRock’s $627.7 million contribution once again reinforced investors’ confidence in Bitcoin. Bitcoin’s market dominance is currently at 60.63%, which further strengthened its leadership.
Ethereum (ETH) is trading at $3,072 today and is relatively calm with a 1% decrease. However, this decrease does not worry investors. Because ETH, with a market value of $370 billion, still maintains its second place firmly. Although there was an outflow of $47 million from Ethereum ETFs, this does not seem to have weakened ETH’s long-term strong stance. As we reported at Kriptokoin.com , large investors are closely watching new steps, especially from giants such as BlackRock and Grayscale.
FLOKI Storm: Shining Star Among Meme Coins
Today’s star was undoubtedly FLOKI . FLOKI, which increased by 16% in the last 24 hours and reached $ 0.0002775, attracted attention in the meme coin market. With a 19% gain on a weekly basis, FLOKI quickly entered the radar of investors. On the other hand, other popular meme coins such as DOGE and SHIB experienced declines.
Top Winners and Losers in the Crypto Market
Raydium (RAY) was among the winners of the day with a 10% increase and made investors happy. However, there are always losers as well as winners in the market. Especially Goatseus Maximus (GOAT) upset its investors with a serious loss of 21%.
Bitcoin’s record-breaking rally has created a positive atmosphere across the market. However, altcoins, which experienced minor declines, were not affected by the overall momentum of the market. Meme coins also showed a mixed outlook. However, winners like FLOKI have attracted investors’ attention. This optimism, which continues across the market in particular, brings with it the expectation of further price increases.
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