The global cryptocurrency market cap now stands at $0.98T, up by 2.36% over the last day, according to CoinMarketCap data.

Bitcoin (BTC) has been trading between $18,990 and $19,465 over the past 24 hours. As of 08:00 PM (UTC) today, BTC is trading at $19,355, up by 1.85%.

Most major cryptocurrencies by market cap are trading higher. Market outperformers include POLY, AERGO, and PLA, up by 95%, 52%, and 41%, respectively.

Sony Music has filed for a trademark to use the Columbia Records logo for non-fungible token-backed (NFT) media, according to the application.

In an attempt to fight galloping inflation, the European Central Bank raised its key interest ratesby 75 basis points.

Crypto analytics firm Messari has identified seven unique trends that could catalyze the next great crypto bull run.