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Crypto Market Capitalization Rises to $3.39 Trillion as Bitcoin Gains Ground

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by Giorgi Kostiuk

10 hours ago


The cryptocurrency market is exhibiting activity, with a capitalization of $3.39 trillion and notable price changes for Bitcoin and altcoins. The market is seeing both growth and changes in interest towards various coins.

Gainers: BONK, WIF, and Fartcoin

Among cryptocurrencies, BONK topped the gainers' list with a 16.97% rise, trading at $0.000017. Its daily trading volume surpassed $586 million, and its market cap now stands over $1.33 billion. Dogwifhat (WIF) closely followed with a 15.20% increase, reaching $0.928 and pushing its market value near $927 million.

Fartcoin gained nearly 15%, trading at $1.23 with a $301 million trading volume. These gains indicate a resurgence of meme coins, possibly fueled by increased retail sentiment and favorable technical setups.

Losers: FORM and Maple Finance

On the losing side, Four (FORM) dropped 3.47%, trading at $2.82. Its daily volume hit $13.7 million with a market cap of $1.07 billion. Maple Finance (SYRUP) also declined by 1.86%, now at $0.536, registering a daily volume of $117.8 million.

Overall Trends in the Crypto Market

The crypto market as a whole is showing active movements, with capitalization rising by 2.64% in the past 24 hours. Bitcoin hit $109,631, gaining 2.14%, with a market capitalization of $2.18 trillion. Amid these changes, many altcoins are demonstrating volatility, with sharp price fluctuations.

The cryptocurrency market continues to exhibit dynamic changes, with both growth and declines among various assets. Market participants are keeping a close watch on trends that may determine the forthcoming directions of currencies in this volatile marketplace.

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