Cryptocurrency Market Update: Bitcoin’s Market Capitalization Reaches $1,263 Billion
The cryptocurrency market continues to be volatile, with Bitcoin experiencing a 4.15% drop in the last 24 hours, trading at $64,168.87. Despite this, it is still 3.96% higher than the previous week. Ethereum, the second most popular token, has also seen a 3.46% decrease, trading at $3,149.61, but is up 4.46% from last week.
Bitcoin and Ethereum currently have a market capitalization of $1,263 billion and $384.58 billion, respectively. Other popular cryptocurrencies like BNB, XRP, Cardano, and Dogecoin have also seen fluctuations in their prices.
Solana, Polka Dot, Shiba Inu, and Polygon are currently trading at $146.94, $6.94, $0.000022, and $0.77, respectively. Solana has risen by 9.56% since last week, while Polka Dot has seen a 4.18% increase.
The top gainers of the day include EOS, TRON, and UNUS SED LEO, while the biggest losers are Hedera, Bonk, dogwifhat, Starknet, and Worldcoin.
In the DeFi sector, Avalanche, Chainlink, Internet Computer, Dai, and Uniswap are among the most popular tokens, with prices fluctuating.
Non-fungible tokens (NFTs) like Internet Computer, Stacks, Render, Immutable, and Theta Network are also experiencing changes in their prices.
Overall, the total cryptocurrency market capitalization is currently at $2.37 trillion, with a 3.01% increase over the last day. The market volume has also increased by 23.64% in the last 24 hours, indicating continued interest and activity in the crypto space.
