On Wednesday, the cryptocurrency market was trading in a mixed bag. Bitcoin, Ethereum, XRP, and Cardano were all up, while BNB, Litecoin, Polkadot, and Solana were down. Bitcoin (BTC) gained 1.17% to $31,021, while Ethereum (ETH) fell below $1,950. BTC volume in the last 24 hours was roughly $16.17 billion, representing a 47.24% increase in the last 24 hours. The cryptocurrency market experienced a spectacular spike in the last 24 hours, with a total volume of $37.82 billion, or a 25.34% increase. Notably, the DeFi industry generated $2.94 billion, or 7.78% of total market volume. Bitcoin hit the $31,000 milestone, fueled by the frenzy around the application for a Bitcoin ETF. This accomplishment increases optimism and interest in the bitcoin sector. The worldwide cryptocurrency market cap was around $1.22 trillion, up 0.97% in the previous 24 hours. Bitcoin, the world’s largest cryptocurrency, had a market valuation of roughly $602 billion. According to CoinMarketCap, Bitcoin’s dominance is currently 49.56%, up 0.18% from the previous day. BTC has been trading in the $30 – $31.5k range for about two weeks now. BTC’s steadiness suggests that the bears’ grip is loosening. It is now a matter of when, not if, BTC will break over the psychological resistance of $31.5k and set a new 14-month high.

Cryptocurrency Price Today

Bitcoin Price Today | $31,021

Ethereum Price Today | $1,955

Tether Price Today | $1

BNB Price Today | $245

XRP Price Today | $0.4883

Cardano Price Today | $0.2967

Dogecoin Price Today | $0.06854

Polygon Price Today | $0.7086

Solana Price Today | $19.20

Litecoin Price Today | $107.8

Polkadot Price Today | $5.46

Tron Price Today | $0.07747

Avalanche Price Today | $13.28

Shiba Inu Price Today | $0.00000776 (Note: Price change in last 24 hours)