• 02 November, 2024
Market News Markets

Cryptocurrency Market Hits $2.45 Trillion While Bitcoin Trades Above $63K

Cryptocurrency Market Hits $2.45 Trillion While Bitcoin Trades Above $63K

The cryptocurrency market continues its upward trajectory with Bitcoin maintaining its position above the $63,000 mark. This surge in Bitcoin’s value has led to a positive trend across the board, with the top 10 cryptocurrencies trading in the green zone. 

As highlighted by CryptoRank, an analytic firm, market capitalization has also seen a notable increase, reaching $2.45 trillion, marking a 2.69% rise. Despite this bullish sentiment, the Fear & Greed Index currently stands at 66, indicating a state of greed among investors.

Among the top gainers, Vertex Protocol (VRTX) leads the pack with a remarkable surge of 55.8%, followed closely by Serum (SRM) with a gain of 41.3%. GMX, Juice, and Popcat also witnessed significant increases in their prices, showcasing the growing investor interest in these assets.

Toncoin, demonstrating strong performance, has observed a significant uptick in its value, now trading at $6.87. This surge is accompanied by a notable 13.38% gain, with a 24-hour trading volume totaling $563,826,480. 

Similarly, Solana (SOL) exhibits a positive trend, currently priced at $154.07, reflecting a 7.39% increase. Its trading volume stands at $2,278,502,025. Additionally, Dogecoin (DOGE) has seen favorable movement, with its price reaching $0.151890 and a trading volume of $1,103,177,972, marking a 4.00% increase.

In the past 24 hours, Vertex Protocol (VRTX) has experienced a remarkable surge, reaching $0.206338, marking a substantial 55.60% increase. Serum (SRM) has also witnessed a significant gain, currently trading at $0.061116, reflecting a notable increase of 42.42%. 

Additionally, GMX’s price has surged to $30.93, showcasing a rise of 22.32%. Meanwhile, Juice Finance is priced at $0.135041, indicating a considerable increase of 30.89% within the same timeframe. Popcat (SOL) has seen a notable surge as well, trading at $0.558704, marking a 27.38% increase.

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