Today marked a significant upswing in the cryptocurrency market, lifting global user confidence. Bitcoin (BTC) impressively exceeded the $81,000 threshold, achieving a new benchmark. Meanwhile, other leading cryptocurrencies like Ethereum (ETH), Solana (SOL), and XRP experienced gains ranging from 3% to 11%, much to the delight of their users. Notably, Dogecoin (DOGE) emerged as the standout performer among meme coins.
What Is the Current Market Status?
The overall market capitalization for cryptocurrencies rose by 1.86% over the past 24 hours, now totaling $2.65 trillion. Additionally, the market volume surged by 19.50% to reach $149.31 billion, highlighting sustained interest from users.
Which Cryptocurrencies Made Significant Gains?
In the last day, Bitcoin recorded a 5% rise, trading at $81,437. Ethereum climbed to $3,198, marking a 3% increase. Solana and XRP also saw positive movement, gaining 4% and 4.5%, respectively, signaling a healthy market environment.
Dogecoin’s performance was particularly striking, soaring by 29% to $0.2941, while Shiba Inu (SHIB) rose by 19%. Other popular meme tokens like PEPE, WIF, and BONK saw increases between 11% and 23%.
- The global crypto market cap now stands at $2.65 trillion.
- Bitcoin has set a new record at $81,437.
- Dogecoin leads with a remarkable 29% gain.
- Ethereum and XRP also showed steady growth.
The current activity and rising trends in cryptocurrency markets are capturing widespread attention, with many speculating that this could be the start of a significant bullish phase.