On Tuesday, Bitcoin has seen a positive trend, marking a 0.44 percent increase in value and currently trading at $37,472.
During this period, Bitcoin's value rose by $231. Analysts anticipate potential fluctuations, projecting Bitcoin to reach $41,500 or possibly drop to $33,500 in the coming days.
Ethereum has also demonstrated growth, with a 0.54 percent increase in its price on Tuesday, reaching $2,013. Over the last day, Ether's value has risen by $16.
In addition to Bitcoin and Ether, several other cryptocurrencies have recorded marginal gains.
Notable performers include Tether, Binance Coin, USD Coin, Wrapped Bitcoin, and Binance USD.
Some lesser-known cryptocurrencies showing positive movement include Iota, Nem, Qtum, and Mobox.
AI-related tokens, influenced by OpenAI founder Sam Altman's recent activities, have experienced volatility.
Sam's crypto project, World Coin, reached a four-month high at $2.71, while other AI-related tokens like RNDR reached their 21-month-high, nearly doubling in just one month.
The overall crypto market cap increased by 0.42 percent in the last 24 hours, reaching a valuation of $1.42 trillion, according to CoinMarketCap.
However, certain cryptocurrencies experienced losses on Tuesday, including Ripple, Solana, Cardano, Dogecoin, Tron, Chainlink, Polygon, Avalanche, Polkadot, Litecoin, Shiba Inu, and Bitcoin Cash.
Despite the mixed performance, market experts maintain optimism about the future of digital assets.
The recent market surge is attributed to Bitcoin and Ethereum, mirroring a historical trend of price increases following ETF announcements.
Binance's settlement with the US Department of Justice also contributed to the rise in BNB token's price.
Altcoins like XRP have shown upward momentum since Bitcoin's October surge, suggesting increased interest in trading activities across platforms.