What’s Happening in Crypto Today? Daily Crypto News Digest
Crypto Market Declines
The global cryptocurrency market capitalization stands at $3.5 trillion, reflecting a slight 0.3% decrease over the past 24 hours.
Daily trading volume in the cryptocurrency market is approximately $158.07 billion at the time of writing.
Among the top cryptocurrencies, Bitcoin (BTC) is trading at $96,437.54, showing a marginal 0.8% increase over the past day and a 2.3% gain over the last week.
Ethereum (ETH) is priced at $3,400.98, reflecting a 0.8% daily rise and a 6.7% increase in the past seven days.
XRP (XRP) is trading at $2.19, up 0.3% in the last 24 hours and gaining 6.4% weekly, while Solana (SOL) has seen a slight daily uptick of 0.7%, currently priced at $190.72.
Dogecoin (DOGE) also rose 0.7% in the last 24 hours and has increased 12.2% over the week, with a price of $0.3197. Meanwhile, BNB (BNB) is priced at $704.41, reflecting a 1.1% daily gain and an 11% rise over the past seven days.
Stablecoins like USDC remain pegged to $1.00, maintaining stability as expected.
Some lesser-known tokens have demonstrated remarkable gains.
For instance, aixCB by Virtuals has surged by 142.9%, and SafeMoon has risen by 104% in the last 24 hours. Music by Virtuals has also climbed 83.1%.
Trending cryptocurrencies include Bitget Token, which gained 20.1% in the past day, while Tema and Pudgy Penguins have experienced slight dips of 7.2% and 11.5%, respectively.
Ethereum Whale Awakens After 9.5 Years, Moves Millions
In crypto news today, an Ethereum whale has resurfaced after remaining dormant for 9.5 years since the Ethereum ICO.
The trader initially invested just $600 during the Genesis phase, receiving 1,940 $ETH in return.