Cryptocurrency Market Analysis on August 12
The cryptocurrency market has shown strong performance recently, exhibiting a comprehensive upward trend. According to BOSS Wallet news on August 11, the global cryptocurrency market capitalization has surpassed $4.1 trillion, with a 24-hour increase of $250 million. As of 15:49 on August 12, the global cryptocurrency market capitalization was $3.42 trillion, with a 24-hour change rate of 3.8%. Specific analysis is as follows:
• Leading mainstream cryptocurrencies: Bitcoin and Ethereum are showing significant upward momentum as the market's dual engines. On August 11, Bitcoin once rose to $122,370 per coin, and Ethereum's price once reached $4,350 per coin, hitting a new high since December 2021. As of 22:00 on that day, Bitcoin was reported at $120,040 per coin, up over 1%; Ethereum rose over 3%.