Bitcoin Trades Below $25000, Ether Inches Towards
By Laxmikant Khanvilkar
The past seven days saw Bitcoin’s price increase by a whopping 10% in a few violent green candles that took place in the span of a couple of days. This brought a lot of positivity to the industry, and the total capitalization is also up by about $100 billion.
At the time of this writing, BTC trades at around $24600 up by 3.6% in the last 24 hours, but it managed to paint a fresh high of above $25K for the first time since the summer of 2022. This has also had an impact on the entire market, as most of the altcoins are also charting massive gains. Ethereum is up almost 12%, ADA – 10.4%, MATIC – 20.3%, OKB – 37.4%, SOL – 11%, and so forth.
Ethereum was currently trading at $1696, up by 2.38% in the last 24 hours. The global crypto market cap is $1.12T, a 3.36% increase over the last day.
The total crypto market volume over the last 24 hours is $74.21B, which makes a 9.46% decrease. The total volume in DeFi is currently $6.67B, 8.98% of the total crypto market 24-hour volume. The volume of all stable coins is now $67.86B, which is 91.44% of the total crypto market 24-hour volume.
Bitcoin’s dominance is currently 42.58%, an increase of 0.22% over the day.
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