The crypto market today reached a total market capitalization of $3.56 trillion, surpassing Apple’s $3.5 trillion value and becoming the largest company globally. In the last 24 hours, the market showed a 2.3% increase while maintaining trading volume at approximately $152 billion. Bitcoin (BTC ($110,990.00)) $101,460 rose above the $102,000 mark, fueled by optimism surrounding Trump’s upcoming presidential decision. Additionally, Hedera (HBAR ($0.18)) and FARTCOIN recorded a notable increase of 20% within the same timeframe.
Bitcoin and Ethereum Market Insights
The prospect of Donald Trump’s presidency has heightened optimism in the crypto market. Anticipations are building that the SEC will introduce friendlier regulations and clearer token guidelines. Cooling inflation data supports expectations for interest rate cuts from the Fed. Today, BTC gained 1.5%, while ETH ($4,003.89) saw a 3% increase.
Performance of XRP ($2.41) and Solana
XRP reached $3.31 with a 10% incre...