Bitcoin and Ethereum Prices Increase as Altcoins Show Mixed Performance

Bitcoin and Ethereum Surge While Altcoins Display Varied Trends

Within the past 24 hours, cryptocurrency prices have remained volatile. Bitcoin (BTC), the leading player, has surpassed $69,000. Altcoins have also exhibited notable gains, contributing to a positive market outlook. However, Ethereum (ETH) has encountered resistance below $3,800, while Dogecoin (DOGE) and Shiba Inu (SHIB) have shown a bearish trend.

Bitcoin and Ethereum Dynamics

The global crypto market capitalization increased by 0.45%, reaching $2.56 trillion. Trading volume surged by 30.94% to $83.38 billion, indicating robust market activity. Bitcoin, with a market cap of $1.36 trillion, experienced a 1.33% rise, reaching $69,199.67. Its 24-hour volatility has ranged from $68,259.81 to $70,230.82.

Bitcoin's dominance has increased by 0.29% to 53.16%. Trading volume has jumped by 61.76% to $31.34 billion. Ethereum, the second largest crypto with a market cap of $453.75 billion, has fluctuated significantly. At the time of writing, it has dipped by 0.59% to $3,775.09.

Altcoin Performance

ETH's 24-hour range extends from $3,738.13 to $3,848.60. Solana (SOL) has surged by 1.83%, reaching $166.36, within its $162.76-$167.04 range.

Among meme tokens, DOGE has declined by 0.45% to $0.1593, while SHIB has fallen by 1.60% to $0.0000244. Pepe token has also experienced a drop of 0.88% to $0.00001459. However, Floki Inu (FLOKI) and dogwifhat (WIF) have exhibited notable gains.