Bitcoin Recovers, XLM Surges 26%, IOTA Rises 20%
The post Bitcoin Recovers, XLM Surges 26%, IOTA Rises 20% appeared on BitcoinEthereumNews.com.
Crypto market today showed bullish momentum as Bitcoin (BTC) crossed $95K after dipping to $92K. Stellar (XLM) emerged as the top gainer, surging 26% in the last 24 hours. IOTA followed with a 20% rise during the same period. Major altcoins like XRP and Cardano recorded gains of over 10% in the past 24 hours. The global crypto market cap increased by approximately 2%, reaching $3.34 trillion. However, trading volume declined by 16% to $92 billion. As the holiday season concludes, a rise in trading volume is anticipated by next week. Bitcoin Leads the Crypto Market Today with Ethereum, XRP, and Solana Following Bitcoin (BTC) price led the crypto market today, recovering to $95K with increased trading activity. Ethereum (ETH) recorded a modest 1% gain, while XRP surged by 15%, reflecting strong bullish momentum. Solana (SOL) also posted a 4% increase, maintaining positive sentiment among top altcoins. Bitcoin Price Today Bitcoin (BTC) price was trading at $95,089, marking a 1% increase in the last 24 hours. Its 24-hour low and high were $92,965 and $95,506, respectively. Meanwhile, Swiss citizens are pushing for the country’s National Bank to adopt Bitcoin, signaling growing support for cryptocurrency adoption. As per CryptoQuant, the Bitcoin exchange reserve has dropped to 2,377,205.13, reflecting a 24-hour decrease of 0.25% and a 7-day decline of 2.09%. This continued fall in exchange reserves suggests lower selling pressure in the market. Ethereum Price Today Ethereum (ETH) price was trading at $3,394, reflecting a 1% increase in the last 24 hours. Its 24-hour low and high were $3,316 and $3,405, respectively. The trading volume decreased by 20%, currently standing at $16 billion. XRP Price Today XRP price today was trading at $2.414, reflecting a 15% increase in the last 24 hours. Its 24-hour low and high were $2.09 and $2.44, respectively.…
Filed under: News - @ January 2, 2025 4:18 am