The cryptocurrency market experienced slight growth today, with a market cap reaching $3.45 trillion, according to CoinMarketCap data. Over the past day, Bitcoin (BTC) traded between $107,320 and $110,392 before settling at $107,591, down by -1.72%. This decline was observed across most major cryptocurrencies by market cap. Notable outperformers included ARDR (+19%), RVN (+8%), and RESOLV (+7%) while the rest experienced negative movements.
Top Headlines
Ethereum Whale Invests $11 Million in a Bull Flag Breakout, Signaling Potential for ETH to Reach $3,670. A significant event involving the Bitcoin price is that it has approached $150,000 after reaching a new high and could even reach $1 million in the future according to analysts. A key development related to stablecoins is the clearing of the GENIUS Stablecoin Bill by the Senate, moving towards a full debate amidst ongoing political tensions. Furthermore, news reports cover FTX users facing delays on their claims with $2.2 billion in dispute, and an exploration of Trump’s crypto strategy.
Market Movers
The top gainers on Binance included ARDR/USDT (+19%), RVN/USDT (+8%), and RESOLV/USDT (+7%). Meanwhile, the top losers saw a notable decline for XRP (-3.02%), BNB (-0.60%) and SOL (-3.96%), while others like DOGE (-5.54%), ADA (-4.65%), TRX (-5.93%), WBTC (-1.70%), TRUMP (-4.49%), SUI (-5.36%) also experienced a decline.