The cryptocurrency market is currently following a positive trend. Significant gains in Bitcoin (BTC) and other leading cryptocurrencies are supporting market sentiment. Global cryptocurrency market value increased by 2.92%, reaching $2.26 trillion. Bitcoin surpassed the $62,000 level and rose 5.18% to $62,531.83. BTC's 24-hour price range ranged from $59,471.03 to $62,689.04, indicating a strong bullish trend. While this increase increased investor confidence, Bitcoin's market dominance increased by 0.20% to 53.71%; This happened despite the positive movements in altcoins.

Altcoins Also Made Significant Gains

Ethereum (ETH), the second largest cryptocurrency in terms of market cap, also made notable gains. Supported by the expectation of the upcoming ETF, ETH broke through the $3,200 resistance and is currently trading at $3,323.23, up 4.71% from the previous day. ETH's 24-hour low and high were set at $3,171.78 and $3,340.79, respectively. Other noteworthy cryptocurrencies include Solana (SOL), up 5.03% to $151.48, while Ripple (XRP) gained 1.57% to $0.528; The 24-hour lowest and highest levels of XRP were $ 0.5172 and $ 0.5396.

Meme Coins and Other Transactions

Popular meme coins Dogecoin (DOGE) and Shiba Inu (SHIB) also showed growth. While DOGE increased by 4.62% to $0.118, SHIB increased by 5.35% to $0.00001812. Additionally, Pepe Coin (PEPE) increased by 8.55% to $0.00000974. Among other altcoins that stood out with daily gains, Mog Coin (MOG) increased by 17.24%, Pendle (PENDLE) increased by 14.12%, Stacks (STX) increased by 11.74% and Artificial Superintelligence Alliance (ASI) increased by 11.39%. However, on short-term charts, slight declines are observed in some cryptocurrencies in the last hour; Bitcoin, Ethereum, Ripple, and Solana experienced declines ranging from 0.05% to 0.55%, suggesting potential volatility at the end of the trading day.

Dormant Bitcoin Wallet Has Become Active

After nearly 12 years, a dormant Bitcoin wallet became active again and transferred 1,000 BTC (approximately $60 million). This wallet last made a transaction in 2012, when Bitcoin was $12.06. This large BTC move coincides with Bitcoin's price increase, attracting market attention and reinforcing positive sentiment.

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