Bitcoin Hits $108,000, Ethereum Holds At $2,400 As Trading Volume Surges 30%

Bitcoin prices hovered around $108,000 on Monday, showing mild gains, while Ethereum held around the $2,400 mark. At the time of writing, the total crypto market capitalisation saw a marginal gain of 1.09 per cent to $3.28 trillion, while the 24-hour trading volume surged by 30.76 per cent to $85.13 billion.

Bitcoin BTC was the most trending cryptocurrency. Its price was up by 0.89 per cent to $108,220.16. Its 24-hour trading volume was $36.78 billion. Elsewhere, Arbitrum ARB was the top gainer. It was up by 17.16 per cent, and its 24-hour trading volume was $653.57 million. Maple Finance SYRUP was the top loser, and it was down by 4.62 per cent, while its 24-hour trading volume was $105.98 million.

The DeFi market cap was at $31.89 billion, Coinmarketcap.com reported.

Sathvik Vishwanath, co-founder & CEO, Unocoin said: “Bitcoin is trading around $107,500, showing resilience after recent volatility. Analysts expect the bullish momentum to continue, backed by institutional inflows, exchange-traded fund (ETF) adoption, and favourable macro trends. If Bitcoin holds above $100,000, it could test $112,000 or higher, too. However, geopolitical risks and regulatory actions remain downside triggers. The Fear & Greed Index indicates “Greed”, signalling strong sentiment, along with a potential for a pullback. Short-term targets range from $104,000 to $108,000; long-term projections estimate it to reach $150,000–200,000 by the year-end.”

Cryptocurrency Prices

Bitcoin (BTC): Bitcoin prices were up by 0.89 per cent to $108,220.16. Its 24-hour trading volume was $36.78 billion. It is currently ranked number 1 on Coinmarketcap, based on market cap. Bitcoin’s market dominance was 62.60 per cent.

Ethereum (ETH): Ethereum prices were up by 2.79 per cent to $2,497.36. Its 24-hour trading volume was $13.48 billion, and its market dominance was 9.30 per cent.

Tether (USDT): Tether was trading at $1. Its 24-hour trading volume was $52.50 billion. It is currently ranked third on Coinmarketcap.

Other Altcoins

Solana prices were up by 0.76 per cent to $150.76. Its 24-hour trading volume was $2.69 billion.

Avalanche AVAX was trading at $18.21, up by 1.97 per cent. Its 24-hour trading volume was $244.93 million.

Cardano ADA was trading at $0.5676, up by 1.12 per cent. Its 24-hour trading volume was $669.79 million.

Meme Coins

Dogecoin was up by 2.47 per cent, with a 24-hour price of $0.1669.

Shiba Inu was down by 2.51 per cent to $0.00001154.

Decentralised Finance

DeFi Coin was up by 0.34 per cent, and it was trading at $0.002316.

Yearn Finance was up by 3.05 per cent to $5,155.92, with a 24-hour trading volume of $13.72 million.