The global cryptocurrency market saw a decline today, with the total market capitalization falling by 2.20% to $3.58 trillion. Trading volumes also took a big hit, falling 28.96% to $263.97 billion, reflecting reduced investor activity. While the numbers fell, Microstrategy made it to the news by purchasing 11,000 Bitcoin.
Bitcoin price today reaches $104 thousand
Bitcoin price saw a 2% decline over the past 24 hours, trading at $104,794.90. This comes after it reached an all-time high of $109,114.88 just yesterday. Bitcoin’s market capitalization decreased by 2.11% to $2.07 trillion, while trading volumes decreased by 8.85% to $103.16 billion. Meanwhile, MicroStrategy, led by Michael Saylor, made its 11th consecutive purchase, adding 11,000 BTC to its portfolio. The company now holds a staggering 461,000 BTC, demonstrating continued institutional confidence.
Curious about the next price target for BTC? Read our Bitcoin (BTC) price predictions for 2025, 2026 and 2030 now!
Mixed performance in altcoins
Ethereum, the second-largest cryptocurrency, remained relatively stable, losing just 0.29% to trade at $3,306.28. However, Solana bore the brunt of today’s correction, falling 4.22% to $243.02, while XRP fell 3.92% to $3.14.
Are you wondering if Ethereum price could reach $5k soon? Read our Ethereum price predictions 2025, 2026 – 2030 for details!
Top winners and losers
Among the winning stocks, Raydium stock advanced by 6.82%, trading at $7.42. Mantle followed, up 6.18% to $1.07, while AI16Z rose 3.19% to $0.902. Conversely, Trump dominated the losers, falling 26.89% to $39.84. FARTCOIN and SPX6900 also suffered sharp losses, falling by 25.91% and 19.16%, respectively.
Market sentiment:
The Fear and Greed Index registered a score of 59, indicating neutral market sentiment. Traders appear cautious as the market digests the recent developments and volatile trading session.
Subscribe with us to stay informed of daily updates about the dynamic world of cryptocurrencies.
Frequently asked questions
The price of 1 Bitcoin (BTC) is $104,794.90 at press time.
Raydium (RAY), Mantle, and AI16Z were among the biggest gainers, with increases of 6.82%, 6.18%, and 3.19%, respectively.
Ethereum (ETH) remains flat, with a slight loss of 0.29%, and is trading at $3,306.28.
