The cryptocurrency market continues to display positive trends, with Bitcoin setting new records and other digital assets showing significant growth.
Bitcoin Holds Its Lead
Bitcoin (BTC) extended its upward movement on Thursday, trading above $109,000 with a 24-hour gain of 2.4 percent. The cryptocurrency maintained a market capitalization of over $2.17 trillion, showing a 1.6 percent rise over the past seven days. Despite a quiet hourly change of 0.1 percent, BTC held its dominance in a steadily climbing market.
Ethereum, Solana, and Dogecoin Rise
Ethereum (ETH) had a good day, increasing by 6.2 percent within 24 hours to $2,597.29. The second-largest crypto increased by 4.9 percent week-on-week. ETH trading volume exceeded $24.5 billion, increasing its market cap to $313 billion. Solana (SOL) followed with a significant performance, clocking its trade at $155.37, with a 4.1 percent gain in the past 24 hours. Dogecoin (DOGE) has also increased by 7.9 percent to $0.1739, with a market cap of over $26 billion.
Smaller Tokens Exhibit Double-Digit Gains
As Bitcoin sets the tone, smaller tokens show strength as well. Imagen Network (IMAGE) led the daily gainers, jumping 135.2 percent to $0.02414. Nobody Sausage (NOBODY) rose 70.8 percent, while Moo Deng (MOODENG) increased 49.6 percent. Both Hosico Cat (HOSICO) and Coinmetro (XCM) performed well, reporting gains of 45.3 percent and 44.8 percent, respectively.
As Bitcoin and other leading cryptocurrencies continue to rise, the broader market sentiment remains optimistic. The increasing interest in altcoins and smaller tokens indicates growing investor confidence in the cryptocurrency market.
