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Cryptocurrency: Market Capitalization Growth and New Leaders Emergence

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by Giorgi Kostiuk

13 hours ago


The cryptocurrency market is showcasing optimistic trends with growing capitalization and trading volumes. Leading cryptocurrencies are strengthening their positions, while new assets are emerging.

Market Capitalization and Trading Volumes

The cryptocurrency market capitalization has reached $3.34 trillion, with a 1.37% increase over the past 24 hours. The trading volume in the last 24 hours amounted to $84.86 billion, which is an increase of 29.39%. The Fear & Greed index currently stands at 52 points.

Bitcoin and Ethereum Prices

Bitcoin is trading at $108,485.60, reflecting a 1.13% rise. Its market dominance is approximately 64.6%. Ethereum has risen to $2,502.16, marking a 2.94% increase, with a market dominance of 9.0%.

DeFi and NFT Performance, Nobitex Attack

The DeFi market saw a 1.31% increase in Total Value Locked (TVL), reaching $113.368 billion. AAVE leads the DeFi projects with $25.124 billion in TVL. Additionally, the NFT sales volume rose by 17.75%, totaling $25,866,794. Guild of Guardians Heroes tops the sales charts, with a 50.39% boost. Meanwhile, Nobitex, the largest cryptocurrency exchange in Iran, is recovering from a $90 million loss following a cyberattack.

In the last 24 hours, the cryptocurrency market demonstrated strong growth, indicating its resilience and potential. Recent developments in the DeFi and NFT sectors highlight the dynamic evolution of the industry.

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