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Crypto Market Growth: Capitalization Rises by 4.27%

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by A1

4 hours ago


Today, the cryptocurrency market is witnessing a surge in investor interest, leading to a market cap increase of 4.27% to $3.48 trillion. Trading activity has risen by 28.29% in just 24 hours, reaching $158.58 billion. The Fear & Greed Index climbed to 60, indicating a shift in sentiments towards greed.

Bitcoin Awaits Bulls?

Bitcoin's price continues its steady ascent, gaining 2.45% over the past 24 hours to hit $99,023.32. BTC's market cap now stands at $1.96 trillion, accounting for a lion's share of the market. Trading volume for Bitcoin also saw a notable uptick of 12.10%, reaching $57.76 billion, reflecting strong investor interest.

Altcoins in the Spotlight

Ethereum posted a solid 4.54% gain, trading at $3,345.55, while Solana emerged as a top performer among major altcoins, skyrocketing by 12.33% to $209.76. XRP stole the show with a remarkable 16.01% surge, trading at $3.18, indicating robust investor confidence.

Top Gainers and Losers

In the past 24 hours, VIRTUAL led the market with a massive 27.63% surge, followed closely by Fartcoin, up 24.81%, and XDC Network, which gained 21.26%. On the flip side, MOVE and OKB recorded minor losses of 2.01% and 1.61%, respectively.

The increased activity on the cryptocurrency market signifies growing investor confidence. The market continues to evolve, offering both growth opportunities and risks for participants.

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