Bitcoin is trading at 110,080 USD, a decrease of 1.6% from its recent peak of 111,814 USD. Analysts suggest it may soon hit 150,000 USD due to strong fundamentals.
The crypto market capitalization stands at 3.58 trillion USD, with a trading volume of 95 billion USD. Institutional demand is increasing, indicating a healthy market trend.
Ethereum is at 2,581 USD with a 3.6% rise, while Cardano leads the top cryptocurrencies with a 5.1% increase. Overall, the top 10 cryptocurrencies are performing well.
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