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The crypto assets market has recently experienced a strong pump, with several major coins reaching new highs. The price of Bitcoin has surpassed the $119,000 mark, with a rise of 1.28% within 24 hours. Market analysts are optimistic about the future trend of Bitcoin, with some predictions suggesting it could reach $135,000 by the end of the year, and in the most optimistic scenario, it could climb to $199,000.
Ethereum also performed well, with the price rising to $3,875, a daily increase of 3.6%. It is worth noting that over 90% of Ethereum holders are currently in profit, demonstrating the market's confidence in this coin.
Other mainstream Crypto Assets are not to be outdone. BNB has reached a historical high, breaking through the $847 mark. XRP is also showing a pump trend, with an increase of 2.45%, and the current trading price is $3.24.
The market sentiment indicator shows that the Crypto Assets fear and greed index has risen to 75, indicating a state of greed, reflecting the current strong risk appetite of investors. However, we should also note that recent market volatility has intensified, with Bitcoin experiencing wide fluctuations in the range of $117,500 to $119,500.
Despite the overall upward trend in the market, investors should remain cautious. The Crypto Assets market has always been highly volatile, and prices can change dramatically in a short period of time. It is recommended that investors fully consider their own risk tolerance when making investment decisions and continuously pay attention to market dynamics and the global economic situation.