Crypto Price Today: Bitcoin rises above $35,300; Solana, Toncoin climb up to 9%
XRP, BNB, Cardano, Dogecoin, and Polkadot were trading in the red.
Bitcoin was up 1.12% at $35,308 as of 12:05 p.m., while Ethereum was below the $1,900 level.
Other popular altcoins, including Solana and Toncoin, rose up to 9%. While BNB fell 2.4% and Polkadot dropped 8%.
«Bitcoin is currently trading near the $35,300 mark, while altcoins like Solana and Toncoin have surged by more than 6% and 11%, respectively. This recent price action has pushed the total cryptocurrency market's value to a 16-month high of 1.34 trillion dollars. To maintain its momentum, Bitcoin will need to breach the $35,700 threshold; otherwise, it may find support around the $34,200 mark,» said Edul Patel, CEO of Mudrex.
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View Details»The current market sentiment is neutral leaning but with a bullish inclination, thanks to the gains exhibited by altcoins, Edul said.
The global cryptocurrency market cap increased 0.18% to around $1.33 trillion in the last 24 hours.
In the last 24 hours, the market cap of Bitcoin, the world's largest cryptocurrency, surged to $689 billion. Bitcoin's dominance is currently 51.75%, according to CoinMarketCap. BTC volume in the last 24 hours surged 43.07% to $18.66 billion.
Bitcoin continued its narrow range while showing a little upside and testing the $36k mark before finding support at $35k again. If Bitcoin does touch $36k, it would form an 18-month high, said Shubham Hudda, Senior Manager at
