The crypto market today has brought significant optimism to investors, displaying a remarkable surge. Major cryptocurrencies such as Bitcoin (BTC) and Ethereum (ETH) have posted strong gains. Additionally, Solana (SOL) and XRP have joined the positive momentum. However, the top gainer in the market was Nervos Network (CKB), recording the largest increase.
Leading Cryptocurrencies Bitcoin and Ethereum Show Strong Growth
Bitcoin surpassed the $60,000 mark today, achieving a significant milestone. Currently trading at $60,408, BTC has increased by 4.21% in the last 24 hours, delighting investors. The daily low and high ranged between $57,650 and $60,656. Notably, this rise was supported by over $263 million in inflows into Bitcoin ETFs. Bitcoin’s market cap now stands at $1.19 trillion.
Similarly, Ethereum posted a notable rise. ETH’s price increased by 3% in the last 24 hours and is currently trading at $2,434. Daily lows and highs ranged between $2,338 and $2,462. This rise was supported by $1.52 million in inflows into spot Ethereum ETFs. Ethereum’s market cap has reached $292 billion.
Positive Movement in Solana and XRP
Solana also experienced a near 4% increase today, similar to other major cryptocurrencies. SOL is now trading at $139.60, with a daily low of $131.86 and a high of $139.83. Solana’s market cap reached $65.35 billion, reflecting growing investor interest.
Similarly, XRP showed strong upward momentum, increasing by over 3% to $0.5784. During the day, XRP fluctuated between $0.5607 and $0.5799. Large blockchain movements from Ripple created excitement among investors. As a result, XRP’s market cap reached $32.59 billion, and positive expectations continue to grow.
Nervos Network Leads the Winners
Today’s biggest winner was Nervos Network (CKB), posting an impressive 59% increase. CKB is currently trading at $0.01411, jumping from its daily low of $0.009958 to a high of $0.01648, offering a big opportunity for investors. Additionally, Bittensor (TAO) rose 11% to $322.41, and Polygon (POL) increased 10% to $0.4194.
On the other hand, some cryptocurrencies lost value today. MANTRA (OM) fell by 3% to $1.12, TRON (TRX) dropped 2% to $0.1479, and Quant (QNT) declined by 1.5% to $76.15. These declines stand out despite the overall positive market sentiment.
Expectations and Uncertainties in the Crypto Market
Despite today’s positive developments, the market is still facing some uncertainties. Particularly, the price movements of Bitcoin and Ethereum continue to capture the attention of investors. While BTC decreased by 0.12% on the hourly chart, ETH saw a slight increase of 0.07%. This has led investors to take both optimistic and cautious approaches. As Turkish NY Radio reported, investors continue to closely watch macroeconomic events like the FOMC meeting and U.S. economic data.
For more updates on these developments, stay tuned to Turkish NY Radio.
