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Crypto Market: Bitcoin Reaches New ATH as ETH and Altcoins Rise

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by Giorgi Kostiuk

5 hours ago


The crypto market continues to show strong growth, with Bitcoin setting a new record and significant trading volume increases.

Bitcoin Sets New Heights

Bitcoin ($BTC) has reached an impressive level of $121,405, marking a new all-time high (ATH). Currently, Bitcoin is priced at $121,308.82, reflecting a 2.86% increase over the last 24 hours. Bitcoin's market dominance has also risen to 63.6%, emphasizing its superiority in the cryptocurrency space.

Leading Gainers in the Crypto Space

Alongside Bitcoin's rise, substantial changes have been noted among altcoins. Black Phoenix ($BPX) recorded the most impressive increase, surging by 3950.89% to reach $3.81B. Additionally, Snow Leopard ($SNL) showed a 3548.32% rise, settling at $4.57M. Levana Protocol ($LVN) exhibited a 1966.70% gain and is now trading at $0.1506.

DeFi and NFT Metrics Show Growth

In addition to increasing cryptocurrency prices, the DeFi sector displays solid results, with a total locked value (TVL) of $127.88B, reflecting a 1.57% gain. The fastest-growing project in this area, DegenSwap, showcased a 165781% increase in TVL over 24 hours. In the NFT sector, sales have also sharply risen by 89.73%, reaching $31,518,626, where the Uncategorized Ordinals collection emerged as the top seller, with a growth of 37157.21%.

Thus, the current achievements in the crypto market, including Bitcoin's records and the growth in DeFi and NFT sales, highlight the growing investor interest and a generally positive sentiment in the cryptocurrency space.

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