Bitcoin has surged above $71,000, marking a significant milestone in the cryptocurrency market. According to CryptoRank, a top analytic firm, the overall market capitalization has reached an impressive $2.77 trillion, reflecting a 3.14% increase. Notably, the top ten cryptocurrencies are all trading in the green zone, showcasing robust growth across the board.
Binance Coin (BNB) has experienced a remarkable 12.2% increase, trading at $697.52 with a 24-hour trading volume of $4.69 billion, as per CoinMarketCap. The coin has shown an 8.27% rise in the past 24 hours, highlighting strong investor confidence. Additionally, Toncoin (TON) has risen by 10.3%, valued at $7.38, with a daily trading volume of $578.15 million. The coin has gained 7.13% in the last 24 hours.
Solana (SOL) also continues its upward trajectory, with a 5.16% increase, trading at $173.52. The 24-hour trading volume for Solana stands at $2.59 billion, and the coin has grown by 4.48% in the past day. These significant gains contribute to the overall bullish sentiment in the market.
The Bitcoin dominance index has seen a slight uptick, now standing at 53.17%, indicating Bitcoin’s continued influence over the market. The Fear & Greed Index, a metric used to gauge market sentiment, currently reads 75, signaling a state of greed among investors. This index suggests that market participants are optimistic and willing to take risks.
Among the top gainers, Efforce (WOZX) leads the pack with an astounding 170% increase, now trading at $0.02969. The token’s 24-hour trading volume has reached $4.51 million, reflecting a 114.23% surge in the last 24 hours. Beercoin (BEER) follows with an 81.1% rise, priced at $0.0005082 and a daily trading volume of $330.87 million. This marks a 112.60% increase over the past day.
MaidSafeCoin (EMAID) has also seen substantial growth, up 49.1% and trading at $0.9583. The coin’s 24-hour trading volume stands at $1.51million, with a 51.99% rise in the last 24 hours. Catboy (CATBOY) is not far behind, with a 48.4% increase, now priced at $0.08958, and a daily trading volume of $1.32 million, marking a 50.85% increase in the past day.
BitMart Token (BMX) rounds out the list of top gainers with a 44.6% increase, trading at $0.4868. The token’s 24-hour trading volume is $3.23 million, reflecting a 44.41% rise in the last 24 hours.
