What Is the Current Market Status?
The overall market capitalization for cryptocurrencies rose by 1.86% over the past 24 hours, now totaling $2.65 trillion. Additionally, the market volume surged by 19.50% to reach $149.31 billion, highlighting sustained interest from users.
Which Cryptocurrencies Made Significant Gains?
In the last day, Bitcoin recorded a 5% rise, trading at $81,437. Ethereum climbed to $3,198, marking a 3% increase. Solana and XRP also saw positive movement, gaining 4% and 4.5%, respectively, signaling a healthy market environment.
Dogecoin’s performance was particularly striking, soaring by 29% to $0.2941, while Shiba Inu (SHIB) rose by 19%. Other popular meme tokens like PEPE, WIF, and BONK saw increases between 11% and 23%.
- The global crypto market cap now stands at $2.65 trillion.
- Bitcoin has set a new record at $81,437.
- Dogecoin leads with a remarkable 29% gain.
- Ethereum and XRP also showed steady growth.
The current activity and rising trends in cryptocurrency markets are capturing widespread attention, with many speculating that this could be the start of a significant bullish phase.