1. Bitcoin Gains Momentum, Crosses $62K Mark
The cryptocurrency market saw a slight upward shift today, with Bitcoin leading the charge. The world’s largest cryptocurrency is currently trading around $62,300, registering a 2.1% gain in the past 24 hours. After days of consolidation and market uncertainty, this bounce has reignited investor optimism. If momentum continues, experts believe Bitcoin could soon test the $63,000 resistance level.
Analysts suggest macroeconomic cues—particularly from the U.S. Federal Reserve—will play a key role in shaping Bitcoin’s next move. For now, buyers appear to be back with moderate confidence.
2. Ethereum Range-Bound, Altcoins Display Mixed Performance
Ethereum (ETH), the second-largest cryptocurrency, is trading at $3,420, showing a modest 0.3% increase today. Despite rising network activity and growing adoption in the DeFi space, ETH remains stuck below the key $3,500 level.
Among other major altcoins, performance remained mixed:
- Solana (SOL): Down 1.8%, now at $138 as profit booking kicks in
- XRP: Flat at $0.71, with legal uncertainties still lingering
- Cardano (ADA): Up 1.2% to $0.41, fueled by fresh ecosystem developments
- Dogecoin (DOGE): Slight dip of 0.5%, now at $0.153
- Render (RNDR): +9.4%
- Injective (INJ): +6.8%
- Stacks (STX): +5.6%
Top Gainers Today:
Investor sentiment has also seen a slight boost. The Crypto Fear & Greed Index has climbed to 63, moving into the “Greed” zone—indicating growing market confidence.
