The cryptocurrency market is riding a wave of bullish momentum today, with Bitcoin (BTC) reclaiming the $110,000 mark and Ethereum (ETH) breaking above $2,700 for the first time since February. Following the rally in ETH price, altcoins like XRP, BNB, and Solana (SOL) also posted decent gains, each rising approximately 2% while signaling a robust recovery across the board.
At the time of writing, Bitcoin was trading near $110,200 price mark, up modestly 0.85% in the past 24 hours, buoyed by easing US-EU trade tensions and renewed investor confidence. Its 24 hour trading volume has increased by 20% today, which currently sits at $55.87 billion.
Bitcoin Price Today — Source: CoinMarketCap Ethereum, on the other hand, caught the market attention again with it recovering from earlier May lows and soaring past $2,700 in a solid uptrend. Technical indicators like MACD pointing to continued upward potential with analysts eyeing $2,800-$2,900 range as ETH’s next major target.
As per CoinMarketcap data, Ethereum is currently trading at $2,691–up 5.97% in the past 24 hours. It surged as high as $2,711 earlier today while attempting for another push above $2,800 in a potential continued uptrend.
Ethereum Price Today — Source: CoinMarketCap Looking ahead, price predictions are optimistic, with some forecasting Bitcoin could hit $120,000 and Ethereum $3,000 by weekend.
Altcoins like XRP, BNB, and SOL also followed Ethereum’s rally, with each gaining over 2% in the past 24 hours. Solana stood out in particular, with reporting a 2.67% gain and trading near $179, as its resilience and bullish patterns caught traders’ attention. BNB reached $690, while XRP hit $2.33, supported by positive market sentiment. However, not all altcoins kept pace, with some like Sui (SUI) and Chainlink (LINK) seeing slightly higher gains of 3-4% in certain reports.
Trending Crypto Today
- ETH (Ethereum)
- XRP (XRP)
- CAKE (Pancakeswap)
- SOL (Solana)
- BNB (BNB)
Market Cap Overview
As per CoinMarketCap data , the global crypto market cap today sits at $3.48 trillion in valuation, which has gained 1.59% in the past 24 hours. The 24 hour trading volume in the crypto markets is currently $127.41 billion.
