Over $110,000,000,000 added to the crypto market cap in the past 24 hours.
The cryptocurrency market has seen a significant surge, with over $110 billion added to the global crypto market cap in the past 24 hours. Here's the latest update:
Key Market Metrics
Global Crypto Market Cap: $4.07 trillion, representing a 2.57% increase over the last day.
24Hour Trading Volume: $162.78 billion, up 10.36%.
Bitcoin Dominance: 57.1%.
Ethereum Dominance: 13.8%.
Top Cryptocurrencies by Market Cap
1. Bitcoin (BTC): $2.32 trillion market cap, price around $116,642.98.
2. Ethereum (ETH): $561.28 billion market cap, price around $4,653.05.
3. XRP: $184.11 billion market cap.
4. Tether (USDT): $169.69 billion market cap.
5. Solana (SOL): $130.74 billion market cap.
Market Sentiment
The crypto market is showing positive momentum, with many altcoins experiencing gains. Factors influencing the market include macroeconomic data, regulatory developments and institutional investment.
Notable Trends
Institutional Interest: Growing involvement from corporate treasuries and ETFs, particularly for Ethereum.
Volatility: Cryptocurrency prices can fluctuate rapidly.
