As the crypto market sees a slight recovery after last weekend’s dump below $75k, the price of Bitcoin has hit $80k in a bounce while witnessing notable volatility. Following Bitcoin’s reversal, leading altcoins have spiked sharply, with XRP and SOL pumping over 7% in the past 24 hours.
Earlier this week, the price of Bitcoin fell as low as $74,400 on leading crypto exchanges even as it pumped to a daily high of $81,120 yesterday on a false tariff pause news. The current market outlook suggests that the market is oversold and it could potentially recover past gains throughout this week.
At the time of writing, Bitcoin price is trading near $79,710 with a 24 hour trading volume of $66.85 billion. It has surged by 4.14% in the past 24 hours while still down 5.11% in the past 7 days.
ETH price was one of the most hit crypto assets in the recent market turmoil and it is now up 6.28%, trading near $1,578 in the past 24 hours. Besides, SOL and DOGE prices have pumped over 11% while XRP and ADA have surged 9% in the past 24 hours.
From the top gaining list, Fartcoin is leading with spiking 24% while CORE, ZEC and JASMY is following with nearly 20% gains. On the losing side, there are most low-cap alts including SPX< ELF, BERA and LAYER.
Trending Crypto Today
- DOGE (Dogecoin)
- HBAR (Hedera)
- SUI (Sui)
- DEXE (DeXe)
- FARTCOIN (Fartcoin)
Top Crypto Gainers Today
- FARTCOIN (Fartcoin): +24%
- CORE (Core): +22%
- ZEC (Zcash): +21%
- JASMY (JasmyCoin): +18%
- HYPE (Hyperliquid): +18%
Top Crypto Losers Today
- SPX (SPX6900): -9%
- ELF (Aelf): -9%
- BERA (Berachain): -9%
- LAYER (Solayer): -7%
- FORM (Four): -3%
As per Coinmarketcap data, the global crypto market cap today sits at $2.51 trillion, and it has a 24-hour trading volume of $149.98 billion.
Also read: Will Solana Flip USDC in Market Cap on CoinGecko Rankings?
