Cryptocurrency Market Update: Bitcoin and Ethereum Take the Lead Amid Varied Altcoin Performance
On Tuesday, global crypto market cap is $1.1 trillion, a 3.42% increase over the last day. We’ll have a closer look at the latest price movements of the most popular digital assets.
Cryptocurrency Market Update
Bitcoin
The primary digital currency, Bitcoin, has witnessed a notable 3.73% upswing over the last 24 hours, reaching a trading value of $28,228.02.
In comparison to the preceding week, Bitcoin has demonstrated a 2.25% rise, accompanied by a market capitalization now standing at $551.14 billion.
Ethereum
Ethereum, the second most widely used cryptocurrency, has observed a 1.78% uptick in the last 24 hours, currently trading at $1,589.22.
In the previous week, Ethereum’s value experienced a slight increase of 0.31%, resulting in a market capitalization of $191.19 billion.
Other leading cryptocurrencies
Here are the latest updates on some prominent cryptocurrencies:
- Binance Coin (BNB) is currently valued at $213.61, marking a 1.42% increase from the previous day and a notable 3.37% rise compared to the preceding week.
- Ripple (XRP) is priced at $0.44 today, reflecting a 1.14% increase over the past 24 hours. Nevertheless, it has experienced a slight decrease of 1.35% in comparison to the previous week.
- Cardano is trading at $0.22, showing a modest increase of 0.69%, and Dogecoin is valued at $0.055, indicating a slight uptick of 0.90%.
Solana surges
Solana has displayed an impressive performance with a notable 9.12% surge in the last week. Presently, it is trading at $24.14.
Other altcoins
– Polka Dot is trading at $3.75 (down 0.22%).
– Shiba Inu is valued at $0.0000077, showing a 0.99% increase.
– Polygon (MATIC) is trading at $0.55, with a 2.42% increase over the past week.
Top gainers
The leading gainers in the past 24 hours include Bitcoin SV, Solana, Render, Bitcoin Cash, and IOTA, with their respective prices and percentage changes as follows:
- Bitcoin SV is trading at $37.62, marking an impressive increase of 11.36%.
- Solana is currently priced at $24.15, showing a significant rise of 9.10%.
- Render is valued at $1.88, reflecting a notable uptick of 6.97%.
- Bitcoin Cash is trading at $227.57, with a 4.73% increase.
- IOTA is priced at $0.11, experiencing a gain of 4.36%.
Stablecoins
Tether, USD Coin, and Binance USD are demonstrating stability in their prices:
- Tether is trading at $1, indicating a slight increase of 0.02%.
- USD Coin is holding steady at $1.
- Binance USD is currently valued at $20.303, with a notable rise of 1.50%.
Top losers
On the downside, Loom Network, Trust Wallet Token, THORChain, Maker, and UNUS SED LEO are among the biggest losers today, trading at $0.22 (down 24.43%), $1.04 (down 6.64%), $1.60 (down 3.89%), $1,401.30 (down 3.70%), and $3.68 (down 3.62%), respectively.
DeFi tokens
Prominent DeFi tokens, including Dai, Wrapped Bitcoin, Chainlink, Avalanche, and Uniswap, are currently priced as follows:
- Dai is trading at $0.99, with a slight decrease of 0.01%.
- Wrapped Bitcoin is valued at $28,227.74, reflecting a notable increase of 3.80%.
- Chainlink is currently priced at $7.48, showing a modest uptick of 0.61%.
- Avalanche is at $9.32, experiencing a slight decline of 0.42%.
- Uniswap is trading at $4.10, with a marginal decrease of 0.73%.
NFT tokens
In the realm of non-fungible tokens (NFTs), several notable tokens are currently priced as follows:
- Internet Computer is trading at $3.15, reflecting a decrease of 0.57%.
- Stacks is valued at $0.55, showing a gain of 2.68%.
- Render is currently at $1.88, experiencing a substantial increase of 7.05%.
- Immutable is priced at $0.55, with a slight uptick of 0.71%.
- Tezos is trading at $0.66, showing a modest increase of 0.60%.
Total crypto market
The current total global cryptocurrency market capitalization stands at $1.1 trillion, showing a significant increase of 3.42% over the past day.
The 24-hour trading volume for the entire cryptocurrency market has seen a remarkable surge, rising by 229.64% and reaching $60.54 billion.
For context, the global cryptocurrency market cap was $1.06 trillion last month and $1.21 trillion three months ago.
