The cryptocurrency industry is showing positive moves, emerging from a state of stagnation. As a result, the market cap has risen to $2.05 trillion from $2.02 trillion during the early Asian trading hours today. Bitcoin's price rise to $59k has pushed other leading altcoins to follow suit.
Bitcoin Prices Today
Bitcoin price is currently at $59,200, with a gain of 0.83% over the previous day. The 24-hour trading volumes have also increased by 4.49%. At this pace, the $60k level could be reached by the end of the week.
Altcoin Prices Today
ETH price has been holding steady at $2.3k levels since Asian trading hours today. Currently, it is trading at $2,316.07 with a gain of 0.56% over the previous day. Solana is holding its price at $132.66 with gains of 0.70%. XRP price has risen by 2.74% to $0.5864.
Top Gainers and Losers
Top gainers today: — Fantom with a price surge of 10.07%, reaching $0.5608. — Immutable X with 6.79% gains, trading at $1.33. — Celestia continues its healthy momentum with 6.36% gains and a face value of $7.06. Top losers today: — SEI price corrected by 4.03% to $0.2775. — Polkadot price lost 3.18% of its value, dropping to $4.17. — HNT price corrected by 2.19% to $7.06. Amid the uncertainty and fear, 24-hour trading volumes dipped by 2.92% to $60.06 billion. However, the market cap is up by 0.69%, hinting at a slow-paced recovery. Additionally, Binance has listed Neiro on Ethereum (NEIRO), Turbo (TURBO), and Baby Doge Coin (1MBABYDOGE).
The cryptocurrency market shows signs of recovery after a period of stagnation. Leading cryptocurrencies and altcoins are demonstrating positive dynamics. Trading volumes still fluctuate, but the increase in market capitalization leaves hope for a sustained recovery in the near future.
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