The cryptocurrency market is experiencing an uptrend, with Bitcoin maintaining a stable price of $98,000. This stability is mirrored in Microstrategy's latest move, as the company acquires an additional 55,000 Bitcoins, reaffirming its bullish stance on the digital currency.
Globally, the market is flourishing, showing a daily increase of 1.82%, bringing the total market capitalization to a remarkable $3.37 trillion. This growth is accompanied by a slight boost in trading activity, with 24-hour volumes rising by 0.04% to reach $203.43 billion.
Investor sentiment is strongly positive, with the Fear & Greed Index indicating extreme greed among market participants. This optimistic outlook continues to drive interest and investment into the cryptocurrency space.