Bitcoin’s price surge pushes overall crypto market cap to $2.58 trillion, with increased market dominance.
Major cryptocurrencies like Ethereum, Solana, and Toncoin show significant price increases, reflecting market growth.
Top altcoins, including TOMI and QuarkChain, experience substantial gains, highlighting growing investor interest.
CryptoRank.io, an analytics platform, took to X to report that Bitcoin soared above $69,000 recently leading a rally in the crypto market. The overall market capitalization reached $2.58 trillion, marking a 2.89% increase. Bitcoin’s dominance rose to 53.05%, gaining 0.20%. The Fear & Greed Index indicated a sentiment of ‘Greed’ at 74.
Ethereum saw a 4.64% rise, with its price hitting $3,384.84. Its market cap now stands at $406.95 billion. Solana and Toncoin also performed well, rising 4.45% and 3.39%, respectively. Solana’s price reached $190.97, while Toncoin reached $6.76. Moreover, these cryptocurrencies showed promising trading volumes, further boosting market confidence.
Among the top gainers, TOMI surged by 62.3%, trading at $0.223648. QuarkChain (QKC) saw a 37.8% rise, reaching $0.010916. MUMU increased by 35.6%, while AIOZ Network (AIOZ) rose by 26.6%. Additionally, these altcoins demonstrated notable market activity, reflecting growing investor interest.
Bitcoin’s price at the time of writing is $68,262.27, with a 24-hour trading volume of $24.08 billion. The market cap of Bitcoin is $1.38 trillion, with a circulating supply of 19.73 million BTC coins out of a maximum supply of 21 million BTC coins. Hence, Bitcoin continues to dominate the market with its substantial market cap and trading volume.
Ethereum’s market cap reached $406.95 billion, with a circulating supply of 120.23 million ETH coins. Solana’s market cap hit $88.74 billion, with 464.71 million SOL coins in circulation. Toncoin’s market cap is now $17 billion, with 2.52 billion TON coins in circulation.
Solana Defeats Binance Coin And Secures 4th Position In Terms of Market Cap
Moreover, TOMI experienced a substantial rise, trading at $0.223648 with a 24-hour volume of $60.66 million. Its market cap is $28.04 million, with 125.39 million TOMI coins circulating. Additionally, QuarkChain (QKC) is trading at $0.010916 with a 24-hour volume of $177.07 million. Its market cap is $76.61 million, with a circulating supply of 7.02 billion QKC coins and a maximum supply of 10 billion QKC coins.
MUMU is priced at $6.36e-9, with a 24-hour volume of $47,195.58. The circulating and maximum supplies are not available. However, MUMU’s price movement has attracted attention in the market. Nonetheless, AIOZ is valued at $0.646405, with a 24-hour volume of $27.86 million. Its market cap is $717.99 million, with a circulating supply of 1.11 billion AIOZ coins.
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