Bitcoin Profit-Taking Curbs ATH Hopes?

The crypto business has portrayed a constant rise of 3.83% over the previous day, bringing the global market cap to $2.44 Trillion. Successively, the intraday trading volumes have also shot up by 5.95% to $103.73 billion. The Fear & Greed Index with a score of 67 continues to signal “Greed” amongst traders, despite the BTC price pulling back to $71k levels after inching closer to its ATH.

Bitcoin’s Path to ATH Hits a Bump?

Bitcoin price at the press time inched up by 0.58% to $71,812.80, after taking a run to its 24-hour high of $73,577.51. The 24-hour trading volumes for Bitcoin also grew by 7.13%, indicating the currency is still in favor of investors. The spike in numbers comes in view of over $1 billion worth of BTC ETF inflows to the system. And pro-crypto candidate Donald Trump leading the U.S. election prediction markets. Therefore, a new ATH of BTC could be on the horizon.

Curious about Bitcoin’s outlook? Check out our Bitcoin Price Prediction for insights into BTC’s trajectory.

Altcoin Highlights: Mixed Fortunes for ETH, SOL, and XRP

Ethereum price rose a modest 1% over the past day, to a price tag of $2,656.57. Solana, on the other hand, slipped by 3.07% to $175.10, which was one of the notable pullbacks among altcoins. Lastly, the XRP price is also down by 0.99% to $0.52. 

Explore our Ethereum Price Prediction to see if ETH could hit new highs.

Top Gainers and Losers: Maker Leads, Kaspa Falls

The day’s top gainer is Maker, rising by 6.89% to $1,194.23, followed by Mantra and Chainlink, which gained 5.78% and 4.21%, respectively. On the losing end, Kaspa dropped sharply by 8.41% to $0.1066, while Bittensor and Stacks also saw declines.

Subscribe to us, to stay tuned for more crypto updates as the market sentiment remains positive but cautious, keeping traders on edge.