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Bitcoin prices experienced a high degree of volatility over the 24 hours due to rising tensions between the United States and the European Union, but prices have calmed down and stabilized around $90,000.
On the other hand, most altcoins entered the green zone, with the price of Ethereum touching the $3,000 level, XRP approaching $2.00, and Digital Currency Canton (CC) emerging as one of the best performing currencies today.
Over the past few days, Bitcoin prices have retreated from levels above $95,000 after hitting $98,000 last week before falling to 2026 lows below $88,000 before rebounding to nearly $90,000.
The movement coincided with political tensions over the imposition of tariffs in the United States over Greenland, before discussions began leading to negotiations to lift the tariffs.
Bitcoin’s market capitalization rose again to approximately $1.8 trillion, with its dominance stable at around 57.4%.
The rise of CC is due to increased interest and discussion of the protocol on social platforms.
LunarCrush data shows that “Guangzhou” occupies about 45% of the “mind share”, which means that discussions about it are the most active and interactive.
Affected by this, the currency price increased by more than 10% within a day, by more than 70% within 30 days, and by approximately 13% within a week.
As for the other currencies that have trended most prominently in the past 24 hours, we find that the digital currency RAIN is up about 13%, MYX is up about 10%, and XMR and HYPE are also up about 5%.
As a result of recent moves, the total cryptocurrency market capitalization has increased by approximately $100 billion from yesterday’s bottom, reaching approximately $3.135 trillion.
Also read:
Crypto market loses $250 billion in days, Bitcoin price falls below $90,000
