What Is Going On with Crypto Today? 

The post What Is Going On with Crypto Today?  appeared first on Coinpedia Fintech News

The crypto market today has commenced its operations on a positive note, with the market capitalization rising 3.22% to hit $2.8 trillion. This positive trend was influenced by the Federal Reserve keeping the interest rates unchanged. Trading activity, however, took a step back, with the volumes dropping a surprising 45.78% to $104.3 billion. Talking about, the sentiments of investors, the Fear & Greed Index sits at 31, cautioning fear amid the ongoing price recovery. 

Bitcoin Price Gains Ground Amid Legislative News

Bitcoin price has gained 3.15% in the past 24 hours to claim a press time tag of $85,555. With the price spike, it now commands a market cap of $1.697 trillion. What has enticed marketers are the legislative discussions, as the U.S. lawmakers propose a 5-year plan to acquire 1 million BTC. Coming to one of Bitcoin’s biggest buyers, Strategy is also making buzz with plans to buy another $500 million worth of Bitcoin.

For long-term price targets of BTC, read our Bitcoin (BTC) Price Prediction 2025, 2026-2030!

Ethereum and XRP Ride the Green Wave?

Ethereum follows suit, rising 3.94% to trade around $2,014.06. The broader altcoin market is also in the green, with XRP grabbing attention after the closure of its long-running lawsuit. XRP jumped 6.28% in 24 hours, climbing as high as $2.57 before settling to current levels at $2.44. Solana isn’t far behind, posting a 5.82% daily gain to trade at $133.15.

Curious about your ETH’s future? Check out our Ethereum (ETH) Price Prediction 2025, 2026-2030!

Top Gainers and Losers Today

FORM, today leads the pack with a 12.22% surge to $1.74. UNI follows closely, gaining 7.42%, while LDO is up 6.89%. On the losing end, EOS saw a 6.31% decline to $0.5862, with OM and MKR also posting losses of 3.39% and 2.57%, respectively.

With major policy moves on the horizon, subscribe to keep a watch on the crypto market.

FAQs