Cryptocurrency Market Update: Bitcoin’s Market Cap Reaches $1,272 Billion
Bitcoin’s market capitalization has reached a new milestone, standing at an impressive $1,272 billion. Despite a slight decrease of 0.04% in the last 24 hours, Bitcoin is still trading at $64,257.32, showing a 2.83% increase compared to last week. Ethereum, the second most popular token, is also on the rise, trading at $3,137.25 with a 4.31% increase from last week.
Other popular cryptocurrencies are also making moves in the market. BNB is trading at $609.64, up 0.60% from yesterday and 11.59% higher than last week. XRP is at $0.55, showing a 0.45% increase in the last 24 hours and a 7.61% rise from last week. Cardano and Dogecoin are also on the rise, trading at $0.44 and $0.11, respectively.
Solana, Polka Dot, Shiba Inu, and Polygon are currently trading at $143.55, $6.86, $0.000022, and $0.77, respectively. Solana has gained 3.22% since last week, while Polka Dot is up by 4.18%. Shiba Inu and Polygon have also seen significant increases of 16.26% and 10.3%, respectively.
In terms of gainers and losers, Wormhole, Bonk, NEAR Protocol, Theta Fuel, and BitTorrent (New) are the top five gainers of the day, while EOS, Ronin, Pendle, Immutable, and Akash Network are the biggest losers.
Stablecoins like Tether and USD Coin are trading at $0.99, showing a minimal decrease of 0.01%. DeFi tokens like Avalanche, Chainlink, Internet Computer, Dai, and Uniswap are also making moves in the market.
The total cryptocurrency market capitalization currently stands at $2.38 trillion, with a 0.26% increase over the last day. The market volume in the last 24 hours is $80.34 billion, marking a 5.65% increase. Overall, the cryptocurrency market continues to show resilience and growth, with Bitcoin leading the way in market capitalization.
