Bitcoin increased by more than 2% to hover over 31,000, but Ethereum outperformed it by increasing by more than 3% to hover near $1,700.

Bitcoin and other crypto tokens rose sharply on Monday, as the optimistic trend in the cryptocurrency markets extended throughout the weekend. The prospect of a spot bitcoin exchange-traded fund (ETF) approval in the United States boosted the momentum in the digital asset market, which was greeted with widespread buying enthusiasm.

Bitcoin continues to rise, with the last crypto token rising more than 2% to hover above 31,000 levels. However, its greatest peer, Ethereum, outperformed, rising more than 3% and inching closer to the $1,700 mark. The vast majority of altcoins were trading higher.

Bitcoin hit the $30,000 milestone over the weekend, propelled by increased excitement about the likely approval of a Bitcoin Spot ETF following the modification of many applicants’ petitions with the SEC last week. The price movement has resulted in Bitcoin reaching a three-month high and a weekly increase of more than 11%.

The market is currently optimistic. Concurrently, Ethereum has broken over the $1,600 barrier level and is now trading above $1,650, while altcoins such as Solana and Chainlink have grown by more than 35% and 41%, respectively, in the last week.

With the exception of the USD currency and Tron, the bulk of popular crypto tokens were trading with significant gains on Monday. Chainlink increased by more than 11%, while Polygon increased by 8%. Solana gained nearly 5%, while BNB and Polkadot gained 3% each.

The worldwide cryptocurrency market cap was trading considerably higher, reaching $1.17 trillion after increasing more than 2% in the previous 24 hours. However, total trade volumes increased by more than 22% to $49.22 billion.

A short look at the cryptocurrency price on August 6: On Sunday morning, the global crypto market cap stood at $1.16 trillion.

On early Sunday morning, Bitcoin (BTC) and Ethereum (ETH), two of the most valuable crypto coins, managed to hold above the $29,000 and $18,000 thresholds, respectively. Other prominent altcoins, like as Litecoin (LTC) and Dogecoin (DOGE), also performed well, with overall values rising marginally. ApeCoin (APE) was the largest gainer, gaining more than 14.20 percent in a 24-hour period. Render (RNDR), on the other hand, was the greatest loss.

At the time of writing, the worldwide crypto market valuation was $1.16 trillion, up 0.39 percent in 24 hours.

Bitcoin price today
According to CoinMarketCap, the price of bitcoin was $29,038.95 after a 0.04 percent gain in the previous 24 hours. According to the Indian exchange WazirX, the price of Bitcoin was Rs 24 lakhs.

Ethereum price today
At the time of writing, the price of ETH was $1,833.41, representing a 0.28 percent 24-hour rise. According to WazirX, the current price of Ethereum in India is Rs 1.57 lakhs.

Dogecoin price today
According to CoinMarketCap data, DOGE gained 1.85 percent in a 24-hour period and is currently trading at $0.07569. According to WazirX, the Dogecoin price in India is Rs 6.5101.

Litecoin price today
Litecoin gained 1.39 percent in a 24-hour period. It was trading at $83.19 at the time of writing. In India, the price of LTC was Rs 7,091.46.

Ripple price today
The price of XRP was $0.635, up 2.23 percent in 24 hours. According to WazirX, the current price of Ripple is Rs 54.6800.

Solana price today
Solana was trading at $22.90, up 1.13 percent in 24 hours. According to WazirX, the SOL price in India was Rs 1,955.04.

Bitcoin continued to haemorrhage, sliding more than 2% to just hold the 29,000-mark, while Ethereum was trading lower, down around 1% but still holding the $1,850-mark.

Bitcoin and other crypto tokens fell further on Tuesday, as digital token traders moved their emphasis to Sam Altman’s Worldcoin, which is now outlawed in the United States. However, traders’ attention will be drawn to the US Federal Reserve’s monetary policy meeting.

Bitcoin continued to fall on Tuesday, with the largest crypto currency losing more than 2% to hover around the $29,000 mark. However, its largest peer, Ethereum, was trading lower, down roughly 1% but still holding the $1,850 level. During the early day, the price of the action altcoins was on the down.

In the previous 24 hours, the overall crypto market has seen some selling pressure. After a 5-point decrease, the cryptocurrency fear and greed index has returned to neutral.

Dogecoin’s price increased within minutes after Twitter CEO Elon Musk changed the Twitter logo to X.com – with his location teasing the DOGE logo, leading traders to anticipate that DOGE will be used on the new X app.

Except for Dogecoin and stablecoins tethered to the US dollar, all other top crypto tokens were trading down on Tuesday. XRP and Bitcoin Cash both fell by 5%, while Solana fell by 4%. Litecoin, Cardano, and Toncoin all lost 3%. Dogecoin and other cryptocurrencies gained 8% each.

The worldwide cryptocurrency market cap was trading substantially lower, falling to $1.17 trillion after sliding 2% in the previous 24 hours. However, total trade volumes increased by 42% to $34.47 billion.

As investors await the Federal Open Market Committee (FOMC) meeting this week, bitcoin volatility has dropped to its lowest level in a year. The FOMC is likely to raise interest rates by 25 basis points this week, with the expectation that this will be the Federal Reserve’s final rate hike for the foreseeable future.

On Friday, Bitcoin, Ethereum, and other cryptocurrencies fell. The worldwide crypto market valuation was 1.18 trillion, with approximately $30.93 billion in volume in the previous 24 hours.

Bitcoin
Bitcoin, the world’s largest and most popular virtual currency, lost 1.18 percent to $30,356. Its market capitalization was $589.44 billion. The total value of trade was $14.78 billion.

Ethereum
Ethererum, or Ether, the second largest virtual currency, fell 1.01 percent to $1,870.80 with a market value of $224.81 billion. In the last 24 hours, Ethereum’s trade volume was $6.25 billion.

Dogecoin
Dogecoin, a meme-based virtual currency, was down 0.75 percent. Its market capitalization was $9.09 billion. The total trade volume was $167.32 million.

Shiba Inu
Shiba Inu declined 0.4 percent to $4.41 billion in market capitalisation. In the last 24 hours, the transaction volume was $73.81 million.

Solana
Solana lost 0.97 percent to $21.82 with a $8.78 billion market capitalisation. Solana’s transaction volume in the last 24 hours was $565.14 million.

Polygon
Polygon market value fell by 2.04% to $6.75 billion. In the last 24 hours, the transaction volume was $278.21 million.

In the last 24 hours, the cryptocurrency market has been mostly range-bound. The worldwide cryptocurrency market capitalisation is $1.22 trillion, a 0.9 percent decrease.

On Wednesday, Bitcoin, Ethereum, and other cryptocurrencies traded in a mixed bag. Bitcoin has maintained over the $30,000 threshold. The worldwide crypto market cap was $1.18 trillion, with approximately $36.4 billion in volume in the previous 24 hours.

Bitcoin
Bitcoin, the world’s largest and most popular virtual currency, gained half a percent to $30,527.7. Its market capitalization was $592.2 billion. The total value of trade was $16.8 billion.

Ethereum
Ethererum, or Ether, the second largest virtual currency, climbed 0.4 percent to $1,869.6 with a market value of $224.8 billion. In the last 24 hours, the trade volume of Ethereum was $8 billion.

Dogecoin
A meme-based virtual currency, climbed slightly on Wednesday. Its market worth was close to $9.1 billion. The total trade volume was $211.1 million.

Shiba Inu
Shiba Inu, on the other hand, lost 0.7 percent with a market capitalisation of $4.4 billion. In the last 24 hours, the transaction volume was $88.5 million.

Solana
Solana dipped 0.5 percent to $16.3, with a market cap of $6.5 billion. Solana’s trading volume in the last 24 hours was $290.7 million.

Polygon
Polygon market capitalisation declined by 0.8 percent to $6 billion. In the last 24 hours, the transaction volume was $278.1 million.