Bitcoin Nears $100K as Crypto Market Hits $3.12T—Traders Eye Next Move

Bitcoin edged closer to the $100,000 mark today, trading at $97,010 despite a slight 0.12% decline in the past 24 hours. The world’s largest cryptocurrency continues to dominate the market, now holding 61.63% of the total global crypto market cap.

The overall crypto market cap reached $3.12 trillion, recording a 0.11% increase within the last day. Driven by increasing trading volumes and rising awareness of trending tokens, investors continue to show strong interest, leading to market growth.

Ethereum demonstrated daily growth through its 0.11% advancement that pushed its trading value to $1,840. The platform gained 7.12% market share which established Ethereum’s position as a dominant decentralized application and smart contract solution. XRP held steady at $2.23 during the previous day while achieving a 0.91% gain for the week but displayed no change in value throughout the last 24 hours.

The cryptocurrency market values BNB at $600.31 during this period with Solana posting a smaller drop of 0.19% to reach $150.62. These minor losses did not affect the high trading volumes of the assets, where Solana processed $3.68 billion worth of transactions during a 24-hour period.

Also Read: Crypto Expert Predicts $150K Bitcoin Surge—But There’s a Major Catch

Market Sentiment Builds as Bitcoin Strengthens Grip

Trading activity remains high, with $88.86 billion exchanged in the past 24 hours, signaling robust market participation. Investors are watching closely as Bitcoin edges toward six figures, a milestone that could further boost confidence across the market.

Immutable along with Dai took leading positions among trending tokens after their 2.61% and 2.38% increases. Despite being a stablecoin Dai demonstrates growing trader involvement because of its increased volume during this period. The price rise of Immutable shows how blockchain gaming infrastructure and tokens are gaining broader market acceptance.

The number of cryptocurrencies being tracked has climbed to 16,979, reflecting the sector’s ongoing expansion and innovation. Bitcoin leads market trends while Ethereum keeps its stability which causes observers to forecast upcoming changes as digital asset markets attract growing capital inflows.

Εnhanced momentum results from Bitcoin’s advance toward $100,000 alongside the increasing crypto market capitalization. Market players concentrate on upcoming actions since trading volumes stay robust while leadership changes between assets indicate broader strategic developments.

Also Read: Wall Street Giant Morgan Stanley Prepares Major Crypto Trading Move

 

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