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Cryptocurrency Market: Bitcoin Sets New ATH, Ethereum Rises by 7.75%

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by Giorgi Kostiuk

3 hours ago


The cryptocurrency market is witnessing significant growth, with a total capitalization of $3.64 trillion and a 47.40% increase in trading volume. Bitcoin has reached a new all-time high.

Bitcoin Sets New ATH

Bitcoin ($BTC) is currently trading at $117,511.65, marking its new all-time high. This reflects a 5.82% increase over the past 24 hours. Bitcoin's market dominance has reached 63.8%.

Top Gainers in the Crypto Market

Among the top crypto gainers of the day are Black Phoenix ($BPX), Snowy Owl ($SWOL), and BOME GROK ($GROK). $BPX has surged by 3073.04% to $2.61. $SWOL is trading at $0.0001532 with a 1675.45% increase. $GROK has seen a 1022.14% spike, reaching $0.00001909.

Growth in DeFi and NFT

The TVL in DeFi has effectively reached $126.51B after a 4.67% rise over 24 hours. AAVE, the top among DeFi projects, is now at $28.823B. Additionally, NFT sales volume has jumped 63.54% to $28,313,292, with the f(x) wstETH position dominating the top-selling NFT collections.

The cryptocurrency market is displaying notable advancements, with high performance for Bitcoin and Ethereum, along with growth in DeFi and NFT segments. These changes create optimistic expectations for the future of the market.

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