Bitcoin (BTC) Climbing to a New All-Time High?
The crypto industry has displayed promising momentum, with a rise of 1.68% in the market capitalization, which has taken the numbers to $2.57 trillion.
The crypto market displayed promising signs on Friday, March 11, with a 1.68% rise in market capitalization, bringing the total value to $2.57 trillion. Despite the positive shift, intraday trading volume saw a significant decrease of 29.11%, dropping down to $132.15 billion. Amid the market changes, the Fear & Greed Index continued to showcase “Greed” with a score of 72.
Bitcoin price led the rally with a 1.80% gain, reaching $76,343.97. Although 24-hour trading volume decreased by 15.57%, BTC’s dominance remained strong at 58.7%. Following Trump’s victory in the elections and the anticipation of new financial regulations favoring digital assets, hopes were high for Bitcoin to reach a new all-time high.
Cronos led the top 100 gainers, surging by 22.20% to reach $0.104. Next up was Cardano, which jumped 16.47% to hit $0.4324. Finally, Neiro rounded out the top three, rising by 12.96% to reach $0.002346.
On the other hand, Mog Coin experienced the greatest loss among the top 100, dropping by 8.90% to reach $0.0000002095. Lido DAO and Ethena also faced declines, decreasing by 7.96% and 5.43%, respectively.
Stay subscribed for more crypto updates as market sentiment remained positive but had traders keeping a close eye on the shifting market landscape.
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