The cryptocurrency market showcases solid growth indicators, with Bitcoin reaching record highs and other tokens showing significant increases.
Bitcoin and Ethereum Show Gains
Bitcoin (BTC) reached an all-time high of $122,180, marking a 3.7% increase in the past 24 hours. Over the last week, it has gained 12.0%, and its market capitalization has surpassed $2.43 trillion. This growth reflects increasing investor confidence and rising institutional interest.
Ethereum (ETH) continues on a strong upward trajectory, trading at $3,030.07 after a 2.6% increase over the past day. Its weekly gains have reached 17.9%, with a current market cap of $366.4 billion.
XRP and Cardano Results
XRP displayed a strong performance as well, climbing 4.3% to $2.90. The token has risen 27.9% over the past week, pushing its market valuation to $172.7 billion. XRP’s 24-hour trading volume was $8.9 billion, indicating renewed market activity.
Cardano (ADA) also saw significant buying pressure, rising by 3.2% to $0.7513, with a weekly gain of 28.1% and a market cap of $27.2 billion.
Success of Low-Cap Tokens
The market for low-cap tokens has experienced notable gains. The Innovation Game (TIG) led this segment with an astounding 89.5% increase, trading at $1.36, with a daily volume of $5.73 million.
Other tokens like Ski Mask Dog (SKI), which climbed 53.5% to $0.09599, and Nobody Sausage (NOBODY), which rose 42.0% to $0.05745, also highlight significant performance.
Bitcoin's ascension to its all-time high sets a positive tone for the market, also indicating strength among altcoins. XRP, Cardano, and several low-cap tokens have posted impressive gains, driven by increased demand.