The cryptocurrency market is currently experiencing an upward trend. Bitcoin (BTC) 
$98,473 has reached a record high of $99,000 for the first time in history. Ethereum (ETH) 
$3,466 and Solana 
$198 (SOL) also attracted attention with impressive gains. The global market capitalization increased by 6% to reach $3.26 trillion. A 41% rise in trading volume supported the market’s activity.
Bitcoin and Ethereum Continue to Rise
In the last 24 hours, Bitcoin gained 5%, trading at $98,683. After dropping to $94,457 during the day, BTC hit a new peak of $98,834. Bitcoin’s market capitalization reached $1.95 trillion, raising its total market dominance to 59.53%. According to Sosovalue data, $397 million flowed into Bitcoin ETFs on Thursday, indicating increased interest from institutional entities.
Ethereum is also maintaining its upward trend. Trading at $3,331, ETH saw a 9% increase, retaining its position as the second-largest cryptocurrency. With a market capitalization of $400 billion, Ethereum experienced a trading volume of $52 billion over the last 24 hours. Vitalik Buterin’s acquisition of the Super Anon (ANON) token on Base has sparked interest in privacy-focused projects. Solana reached $261 after a 12% increase and is notable for its $122 billion market capitalization.
XRP and Meme Coins Show Activity
XRP surged by 25% in the last 24 hours, reaching $1.36 and achieving a market value of $78 billion. Among meme coins, Dogecoin 
$0.329207 increased by 6%, while Shiba Inu rose by 7%. Other meme coins such as PEPE, BONK, and WIF recorded increases ranging from 6% to 13%.
The FTT token emerged as the day’s biggest gainer, rising 34% to $2.68. Optimism (OP) also gained 24%, reaching $2.03. Conversely, FLOKI saw a 5% decline, trading at $0.0002627, and Peanut the Squirrel (PNUT) token dropped by 3%.
The upward trend in the cryptocurrency market is particularly supported by the performance of major cryptocurrencies like Bitcoin and Ethereum. However, the expiration of weekly options may introduce volatility. As opportunities arise, caution in risk management is crucial for participants.
