Bitcoin Crosses 67k-dollar Mark as the Crypto Market Heats Up

The crypto market has picked up pace, with top cryptos continuing their momentum. After months, Bitcoin recently crossed the 67k-dollar mark.

Top cryptos continued their momentum on Monday, with Bitcoin recently crossing the 67k-dollar mark. Even the Fear and Greed Index is indicating a similar trend. According to Cointree, the market has entered a Greed pattern, with the index hitting 73. However, this surge has come at the cost of meme coins and emerging tokens.

With the market rejuvenating, traders are prioritizing established coins over new names. Here is an overview of the crypto market with the latest developments.

Bitcoin price today

The world’s number one crypto is on a bullish spree for the third day in a row. The market leader added 2.86% to its value in 24 hours, crossing the 67k-dollar mark. Its weekly performance chart showcases a 7.50% surge, with the coin trading at $67,179.

BlackRock is leading in the BTC ETF arena as the market saw 371 million dollars in inflows. Meanwhile, Bitcoin’s dominance has hit a 3.5-year high as the coin is leaving the competition behind. It is anticipated that its dominance will be maintained for as long as the market remains stable.

After crossing the 67k-dollar mark, Bitcoin is now headed towards another crucial level of resistance at 68,800 dollars. If BTC manages to cross this level and remain above it, then it could pave the way for a further rally towards the 70k-dollar zone. On the other hand, if Bitcoin fails to cross this resistance level and faces a rejection, then it could lead to a potential drop back down to the 64,200-dollar support zone.

Bitcoin Fear and Greed Index today

The Fear and Greed Index showcases a reading of 73, indicating the market is in a Greed pattern. This index is used to measure the overall sentiment in the crypto market, ranging from 0 to 100. A reading below 25 indicates Fear, while a reading above 75 indicates Greed.

According to Cointree, a reading between 75 and 100 “is considered an overheated market, where FOMO (fear of missing out) is driving up prices to unsustainable levels. This usually precedes a market correction or downturn.”

Crypto market today

After a dull weekend, the crypto market picked up pace on Monday. The total crypto market cap today is $2.94 trillion, reflecting a 1.03% increase in the past 24 hours. In the past seven days, the market has seen a 4.13% rise.

The fully diluted valuation of all cryptocurrencies has also increased by 0.98%, reaching $3.92 trillion. Among the top 100 cryptocurrencies, the highest gainer is XRP, which went up by 6.19% in 24 hours. At the same time, the biggest loser is Dogecoin, down by 1.23%.

Out of the top 10 cryptocurrencies, seven are trading in the green. While Bitcoin and Ethereum lead the gainers, XRP follows with a 2.12% growth in 24 hours. Binance Coin went up by 1.08%, whereas Dogecoin and Solana saw a minimal change in their prices.

Among the top seven gainers in the past 24 hours are XRP, Litecoin, Tron, Polkadot, Shiba Inu, Dogecoin and UNI. Notably, XRP, Litecoin and Tron lead the top three gainers with a 6.19%, 4.63% and 3.84% price increase, respectively.

On the other hand, the top seven losers include NEAR, Chainlink, STEPN, Filecoin, ApeCoin, Pancakeswap and Lido Dao, with a price decrease of 2.28%, 1.98%, 1.89%, 1.88%, 1.79%, 1.68% and 1.65%, respectively.

Top crypto gainers today

The following are the top seven gainers in the past 24 hours:

XRP price today: up 6.19% to $0.92

Litecoin price today: up 4.63% to $144.3

Tron price today: up 3.84% to $0.12

Polkadot price today: up 3.28% to $25.23

Shiba Inu price today: up 2.9 to $0.00004

Dogecoin price today: up 2.12% to $0.24

UNI price today: up 1.9 to $29.84

Top crypto losers today

Here are the top seven crypto losers in the past 24

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