@iiakihitoii
Market overview:
1. Current Prices
Bitcoin (BTC):
Current Price: Approximately $98,600 - $98,626 (varies slightly across exchanges).
Market Cap: Over $1.95 trillion.
24-hour Trading Volume: $67.12 billion.
Bitcoin remains the largest cryptocurrency by market capitalization and has seen an 8.1% price increase over the past 7 days.
2. Notable Market Trends
Altcoin Performance: While Bitcoin dominates, several altcoins have outperformed it in percentage gains over the past week, highlighting an active altcoin market.
Institutional Activity: Increased participation from traditional financial institutions continues to push crypto adoption forward.
Energy Debate: Discussions around Bitcoin's energy consumption persist, but renewable energy adoption in mining is becoming more prevalent, with some estimates suggesting up to 75% usage