Bitcoin Surges Past $81k, Marks New ATH!

The crypto market today is experiencing heightened optimism as Bitcoin surpasses the $80k mark for the first time. This has resulted in the Fear & Greed Index's meter hitting a score of 79, highlighting the growing “Greed” in the market. Successively, the total market cap of the industry has risen to $2.71 trillion.

Bitcoin price earlier today hit a new all-time high (ATH) of $81,858.29. After the sprint, the BTC value has now settled down to the $81,073.67 level, showcasing its intraday trade volumes have surged by over 92%. This meteoric climb comes in view of several key macroeconomic shifts, including Trump’s victory, a noted spike in futures premiums, and a massive $1.6 billion in open options bets.

Meanwhile, BTC’s market cap has surged to an impressive $1.6 trillion, reflecting its strengthened dominance at 59.4%. ETF inflows have also been noteworthy, contributing $1.63 billion in recent days.

Want more insights on BTC’s price potential? Read our detailed Bitcoin Price Prediction.

Bitcoin Surges Past $81k, Marks New ATH!

The crypto market today is experiencing heightened optimism as Bitcoin surpasses the $80k mark for the first time. This has resulted in the Fear & Greed Index’s meter hitting a score of 79, highlighting the growing “Greed” in the market. Successively, the total market cap of the industry has risen to $2.71 trillion.

Altcoin Update: ETH, SOL, and XRP See Declines

Ethereum (ETH) price currently has faced a dip of 2.31%, trading at $3,111.49 with a market dominance of 14.1%. Solana (SOL) followed ETH’s footsteps with a decrease of 1.32% to $204.62, while XRP fell by 2.44% to $0.5721. These shifts highlight the uneven performance across the altcoin landscape despite Bitcoin’s bullish momentum.

Check out our Ethereum Price Prediction for a closer look at ETH’s next moves.

Top Gainers & Losers

Dogecoin (DOGE) ranks #1 in the list of top 100 gainers, rocketing by 21.97% to $0.2788 as investor enthusiasm renewed. Other notable gainers included Dogwifhat, which rose by 18.18% to $3, and Floki, up 15.31% at $0.0001743.

Conversely, Lido DAO suffered the most significant loss, dropping 13.73% to $1.25. Helium and Neiro were also among the top losers, with declines of 8.04% and 8%, respectively.

Stay tuned for more insights as the crypto market evolves, capturing both new highs and the complex play of factors shaping the landscape.

FAQs:

Bitcoin (BTC) price at the time of publication is changing hands at $81,858.29

Bitcoin’s new ATH stands at $81,073.67

1 Ethereum (ETH) token costs $3,111.49

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