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Growth Across Cryptocurrencies: Bitcoin and Ethereum Show Positive Trends

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by Giorgi Kostiuk

7 hours ago

The crypto market has recently shown significant growth, linked to an increase in market capitalization and positive price dynamics of major cryptocurrencies.

Successes of Bitcoin and Ethereum

Bitcoin ($BTC) increased by 1.55% over the last 24 hours, reaching $117,513.64. Its market dominance stands at 60.5%. Ethereum ($ETH) also rose by 2.77% to $3,740.01, with its market share climbing to 11.7%.

Positive Trends Among Altcoins

Most alternative cryptocurrencies, including Dogecoin ($DOGE), Solana ($SOL), and Sui ($SUI), are showing positive growth, contributing to the overall market upturn.

Significant Events in the Crypto Industry

UK-based Smarter Web Company plans to increase its Bitcoin holdings to 1,825 BTC (equal to $215M). Additionally, Binance is launching a beta version for trading Solana and BSC to support DeFi growth.

The crypto market demonstrates an optimistic trend, marked by growth in capitalization, rising prices of major cryptocurrencies, and activity in the DeFi and NFT segments.

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