Cryptocurrency Market Sees Continued Volatility Amid BTC Rise
The
global cryptocurrency market value showed a moderate increase of 0.35%
from yesterday, reaching $2.54 trillion. Additionally, the total
cryptocurrency market volume increased by 42.15% in the last 24 hours,
reaching $64.02 billion. The flagship cryptocurrency BTC traded at
$68,471.68, up 1.07% from the previous day. The 24-hour low and high
levels were $67,315.53 and $68,743.08, respectively.


According
to data obtained from 21milyon.com, Bitcoin’s dominance increased by
0.23% to 52.89% from the previous day. The token’s market value reached
$1.34 trillion, up 0.89% over the same period. However, ETH’s price
predominantly traded in the decline zones and fell by 0.19% to $3,798.25
at the time of writing. The token’s 24-hour low and high levels were
$3,752.41 and $3,819.97, respectively.
Current Status of Altcoins
Since
the approval of spot ETH ETFs, Ethereum balances on exchanges have
experienced a stock period. However, the price trajectory continues to
progress slowly. Popular altcoin SOL fell by 1.56% to $163.45 yesterday,
mimicking the broader market performance. The token’s 24-hour low and high levels were $161.65 and $166.33, respectively.
Similarly,
the Ripple Labs-backed cryptocurrency fell by 0.43% to $0.5164 in the
last 24 hours. The 24-hour low and high values were $0.5093 and $0.5194,
respectively. Dogecoin (DOGE) and Shiba Inu (SHIB) prices fell in
parallel with the decline movement of the meme token
sector in the last 24 hours. DOGE’s price fell by 0.05% to $0.1598.
SHIB’s price fell by 1.47% to $0.00002472. However, Pepe coin (PEPE)
rose by 0.19% to $0.00001469.
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