Bitcoin at $67k, Traders Show Moderate Greed

The crypto market maintains a bullish stance, with top cryptos showing growth. Bitcoin is firmly at 67k dollars, and Ethereum is at 2,600 dollars.

Even the Fear and Greed Index indicates growing greed among traders. According to Cointree, the metric is at 71 and is slowly creeping towards Extreme Greed. Meanwhile, Dogecoin continues its surge, reaching a 3.26% surge in 24 hours. 

Other meme coins, like Bonk and Mog Coin, accompany DOGE. Here is a quick overview of the crypto market with daily updates and developments.

Bitcoin

Bitcoin stayed over the 67k-dollar mark on Thursday. The market leader grew by 0.31% in 24 hours and is trading at 67,367 dollars.

Its weekly performance chart also showcases a 10.40% surge. BlackRock recently purchased 391.8 million dollars worth of BTC to boost its Bitcoin holdings to $25 billion. Meanwhile, Tesla is also planning its Bitcoin sale, increasing BTC’s market traction.

Its support is 66,448 dollars, while BTC will face resistance at 68,609 dollars. 

Ethereum

Ethereum followed Bitcoin’s lead, growing by 0.72% in 24 hours. The second-largest crypto is currently trading at 2,629 dollars.

Its seven-day performance of 9.22% also imitates BTC’s surge. Vitalik Buterin expects the coin to jump 10% in the coming months, which he explained in his latest post. Ethereum finds the closest support level at 2,577 dollars.

On the other hand, it is expected that the coin will test its resistance level at 2,652 dollars today.

Dogecoin

The OG meme coin surged 3.26% in 24 hours to finally touch the 0.12-dollar mark. After trading around the 0.11-dollar mark for days, DOGE is now at 0.1224 dollars.

The meme token has outperformed every other crypto in the top 10 ranks on the 7-day performance chart. Dogecoin has surged by 13.58% in the past week alone. Analysts are expecting DOGE to test the 0.2-dollar mark before the year ends.

Bonk

Doge’s progress has helped meme coins like BONK reclaim their momentum. In 24 hours alone, Bonk’s value has surged by 9.52%.

It is currently trading at 0.00002409 dollars, with a weekly performance of 19.53% growth. Competitors such as Cutoshi and SHIB, along with the coin, are on the verge of a 30% rally. Its 24-hour trading volume has jumped by 35.63%, while its market cap now ranks among the top 50 cryptos in the world.

XRP

The past few weeks have been a rollercoaster ride for XRP. The coin experienced a significant decline following the filing by the SEC challenging the court’s decision to release Ripple.

After constant struggle, XRP is now back above the 0.5-dollar mark. It gained 3.10% value in 24 hours and is trading at 0.5556 dollars. Its seven-day performance also shows a 5.63% growth. With another court hearing upcoming, analysts are expecting XRP to take another jump.