Bitcoin’s price has surged past $61,000, signalling robust momentum in the cryptocurrency market. As highlighted by CryptoRank, a top analytic firm, this surge comes as major cryptocurrencies also experience notable gains.
Ethereum has seen a remarkable rise of 10.2%, with its price at $2,639.30 at press time. This uptick is supported by a substantial trading volume of $23.06 billion over the last 24 hours, reflecting strong market interest. Similarly, BitDAO has climbed by 6.88%, trading at $1.03 with a trading volume of $1.1 million. Dogecoin, another major player, has increased by 6.02%, now valued at $0.1046, accompanied by a trading volume of $793.65 million.
Bitcoin Surges Above $57K, Top Cryptos Show Mixed TrendsThe overall market capitalization has reached $2.23 trillion, reflecting a 6.66% rise. Bitcoin’s dominance in the market has slightly increased to 54.08%, marking a 0.44% gain. This dominance underscores Bitcoin’s significant role in the current bullish market. Despite the positive trends, the Fear & Greed Index remains at 48, indicating a neutral market sentiment.
Amidst these prominent developments, several cryptocurrencies have emerged as top gainers. QuarkChain has witnessed an extraordinary 81.2% surge, bringing its price to $0.01106 with a trading volume of $203.79 million.
TokenFi has also experienced substantial growth, rising by 50.6% to $0.07114. This increase is accompanied by a trading volume of $33.85 million. Mister Miggles, despite being relatively less traded, has surged by 50%, with its price at $0.00003 and a trading volume of $246.32. Additionally, Undeads Games has seen a noteworthy rise of 37.5%, trading at $1.48 with a trading volume of $3.51 million. Degen (Base) has climbed by 36.8%, reaching a price of $0.00481, with a trading volume of $26.11 million.
