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Bitcoin Trades Above $64K, Ether Stays Below $3200

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Bitcoin Trades Above $64K, Ether Stays Below $3200

By Kapil Rajyaguru

Bitcoin’s price recovery tour took it to a multi-day peak of $64,500 yesterday, but the asset failed to continue upward and has retraced back to $64,180.

Ethereum, the second largest cryptocurrency by market cap, was changing hands at $3152, up by 2% in the last twenty four hours.

The largest meme coin – Dogecoin – was among the top performers today and it has only doubled down on its run. DOGE has jumped by another 6% in the past 24 hours and now trades at $0.16.

The other impressive gainer from the top 36 alts is RNDR, which has soared to $9 after an 8.5% daily increase. AVAX, LINK, and NEAR are also in the green.

In contrast, TON, SHIB, and ADA have declined by somewhere between 2-4%. ETH, BNB, SOL, and XRP are also in the red but in a less painful fashion.

The global crypto market cap is $2.37T, a 1.41% increase over the last day. The total crypto market volume over the last 24 hours is $47.69B, which makes a 14.32% decrease. The total volume in DeFi is currently $4.74B, 9.94% of the total crypto market 24-hour volume. The volume of all stable coins is now $43.07B, which is 90.30% of the total crypto market 24-hour volume. Bitcoin’s dominance is currently 53.36%, a decrease of 0.13% over the day.

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