The cryptocurrency market is demonstrating signs of growth, with a 2% increase in global valuation and increased trading activity.
Overall Crypto Market Overview
Today, the total crypto valuation increased by 2%. Bitcoin's price has crossed the $116,000 mark again, currently trading at $116,748, leading to a market cap of $2.323 trillion and a dominant share of 60.6443%.
Top Gainers: Mantle and Pendle
Mantle showed a sharp rise of 15.35%, breaking the $1 mark for the first time since February 25, 2025. Its market share is now $3.4 billion, representing an 81.63% increase over the past 30 days. Pendle increased by 12%, reaching $4.38, with a 91.46% surge in daily trading volume to $117 million.
Current Trends and Liquidations in the Market
The cryptocurrency market displayed a 2.53% rise, reaching a market cap of $3.82 trillion. Despite a rise in the Fear & Greed Index to 54, the market remains in a neutral zone. In the last 24 hours, 94,925 traders were liquidated, totaling $274.11 million. The largest liquidation occurred on the HTX exchange for the ETH/USDT pair, amounting to $34.28 million.
The positive trend in the cryptocurrency market indicates growing trader interest, although liquidations show that volatility still presents risks for market participants.
