Bitcoin Dominance at 53.05%; ETH, SOL, TON Surge

• Bitcoin’s price surge pushes overall crypto market cap to $2.58 trillion, with increased market dominance.
• Major cryptocurrencies like Ethereum, Solana, and Toncoin show significant price increases, reflecting market growth.
• Top altcoins, including TOMI and QuarkChain, experience substantial gains, highlighting growing investor interest.

CryptoRank.io, an analytics platform, took to X to report that Bitcoin soared above $69,000 recently leading a rally in the crypto market. The overall market capitalization reached $2.58 trillion, marking a 2.89% increase. Bitcoin’s dominance rose to 53.05%, gaining 0.20%. The Fear & Greed Index indicated a sentiment of ‘Greed’ at 74.

Ethereum saw a 4.64% rise, with its price hitting $3,384.84. Its market cap now stands at $406.95 billion. Solana and Toncoin also performed well, rising 4.45% and 3.39%, respectively. Solana’s price reached $190.97, while Toncoin reached $6.76. Moreover, these cryptocurrencies showed promising trading volumes, further boosting market confidence.

Among the top gainers, TOMI surged by 62.3%, trading at $0.223648. QuarkChain (QKC) saw a 37.8% rise, reaching $0.010916. MUMU increased by 35.6%, while AIOZ Network (AIOZ) rose by 26.6%. Additionally, these altcoins demonstrated notable market activity, reflecting growing investor interest.

Bitcoin’s price at the time of writing is $68,262.27, with a 24-hour trading volume of $24.08 billion. The market cap of Bitcoin is $1.38 trillion, with a circulating supply of 19.73 million BTC coins out of a maximum supply of 21 million BTC coins. Hence, Bitcoin continues to dominate the market with its substantial market cap and trading volume.

Ethereum’s market cap reached $406.95 billion, with a circulating supply of 120.23 million ETH coins. Solana’s market cap hit $88.74 billion, with 464.71 million SOL coins in circulation. Toncoin’s market cap is now $17 billion, with 2.52 billion TON coins in circulation. 

Moreover, TOMI experienced a substantial rise, trading at $0.223648 with a 24-hour volume of $60.66 million. Its market cap is $28.04 million, with 125.39 million TOMI coins circulating. Additionally, QuarkChain (QKC) is trading at $0.010916 with a 24-hour volume of $177.07 million. Its market cap is $76.61 million, with a circulating supply of 7.02 billion QKC coins and a maximum supply of 10 billion QKC coins. 

MUMU is priced at $6.36e-9, with a 24-hour volume of $47,195.58. The circulating and maximum supplies are not available. However, MUMU’s price movement has attracted attention in the market. Nonetheless, AIOZ is valued at $0.646405, with a 24-hour volume of $27.86 million. Its market cap is $717.99 million, with a circulating supply of 1.11 billion AIOZ coins.