Hold onto your hats, folks! The crypto world just gained a whopping $50 billion in value in the last 24 hours, bringing the market's total capitalization to a staggering $2.35 trillion.
This wild ride is thanks to a price upswing for Bitcoin and a host of altcoins. Even those cheeky meme coins are riding the wave! Let's dive into the highlights.
Bitcoin's price shot up past $64,000 today, and it's knocking on the door of $65K. Talk about a rollercoaster ride! In the blink of an eye, Bitcoin jumped from below $63,000 to over $64,000 in just one hour. The bears tried to rain on the parade, but the bulls held strong and kept the party going!
In the derivatives scene, traders are buzzing. Over $180 million in leveraged positions changed hands in the past day, with nearly $120 million coming from short traders. It's clear the buyers are flexing their muscles right now!
And speaking of flexing, altcoins are joining the party too. Some are shining brighter than others. Solana (SOL) is strutting its stuff with a 4% rise, while Ethereum (ETH) and XRP are inching up by just over 1% each.
But the real fireworks are in the meme coin arena! Coins like BRETT and MOG are shooting for the stars, with BRETT blasting up 20% daily and MOG climbing about 12%. It seems the Base chain is the place to be, with its meme coins soaring over 12% in just one day.
So, are you ready to keep up with this crypto craze? Stay tuned, because with these market moves, you won't want to miss a single beat!
