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How’s the Crypto Market Performing Today?

Release: 2024/06/04 17:02 Reading: 341

Original author:Coingape News Media

Original source:https://coingape.com/?post_type=trending&p=200403

How’s the Crypto Market Performing Today?

TheCrypto Market's Upward Trend

Despite the recent surge in market sentiment, the crypto market has maintained a bullish outlook. The global market capitalization has climbed to $2.56T, while global trading volume has reached $80.15 billion after a 20% increase.

Bitcoin's dominance remains above average at 53.1%, with a slight price increase pushing its value above $69K earlier. However, it has since declined and is now trading at $68,890.

Altcoins and Meme Coins

The meme coin market has emerged as a significant profit-driver, with a market cap of $62B and a 24% surge in trading volume ($7.7 billion). Coins such as Gamestop, PEPE, and STRUMP have recently experienced substantial gains.

Solana Network's Performance

The Solana network has also contributed to the market's profitability, with a market cap of $231 billion and a 24-hour trading volume of $69.6 billion after a 17% surge. Crypto traders are actively capitalizing on the network's growth potential.

Most Profitable Cryptocurrencies

Today's crypto market is characterized by a mix of bullish and bearish sentiment, resulting in both gainers and losers. DOG GO TO MOON, a dog-based cryptocurrency, has surged 23%, making it the day's most profitable asset. Kaspa follows closely, with an 18% increase to its current value of $0.1746.

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