Bitcoin has gone up by 1.10% in the past day, reaching $52,124.60. Compared to last week, it’s up by 8.32%. Ethereum, the second most popular cryptocurrency, has increased by 3.58% since yesterday, now at $2,891.90.
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Over the week, it’s risen by 15.77%. Bitcoin’s market value is $1,017.64 billion, while Ethereum’s is $347.58 billion.
Cryptocurrency Market Overview: Performance of Prominent Cryptocurrencies
Bitcoin has risen by 1.10% in the last 24 hours, trading at $52,124.60, marking an 8.32% increase from the previous week.
Ethereum has increased by 3.58% to $2,891.90, up by 15.77% from last week.
BNB is trading at $352.37, experiencing a 0.07% decrease from yesterday but up by 10.12% from last week.
XRP’s price is $0.55 today, showing a 1.58% increase in the last 24 hours and a 7.39% increase from last week.
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Cardano and Dogecoin are trading at $0.66 (down 0.26%) and $0.088 (up 2.78%), respectively.
Other Tokens Performance
Solana has gained 5.86% in the last week, currently trading at $111.95, while Polka Dot has gained 9.9%. Shiba Inu has gained 5.15% in the last seven days, and Polygon is up by 19.92%.
Top 5 Gainers and Losers
The top five gainers in the past 24 hours include Worldcoin, The Graph, Blur, Hedera, and Beam. Stable tokens like Tether, USD Coin, and Binance are trading at $1, $0.99, and $366.9055, respectively. The biggest losers of the day include Siacoin, Arweave, Bitget Token, Cardano, and UNUS SED LEO.
Also Read: Dogecoin Price Prediction: Bullish Pattern Signals Rally to $0.1
DeFi and NFT Tokens
Popular DeFi tokens such as Avalanche, Chainlink, Internet Computer, Dai, and Uniswap are experiencing various price movements. Among NFT tokens, Internet Computer, Immutable, Stacks, Render, and Flow are showing positive trends.
Market Outlook
The total global cryptocurrency market cap currently stands at $1.97 trillion, with a 1.54% increase over the last day. The total market volume over the last 24 hours has increased by 6.65%. Last month, the global crypto market cap was $1.63 trillion, and three months ago, it stood at $1.39 trillion.
Important: Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.