The total capitalization of the global cryptocurrency market has increased by 2.35% in the last 24 hours, reaching 3.08 trillion dollars.
Elchi.az reports this with reference to the “CoinMarketCap” platform.
According to the information, the CMC20 index, which reflects the overall dynamics of the market, increased by 2.55% and amounted to 191.32 points. Activity in the altcoin market remains relatively weak – the Altcoin Season Index is at 25 points.
Bitcoin, the market leader, rose by 1.69% in the last 24 hours to $90,007. The weekly growth dynamics was 3%. The price of Ethereum increased by 3.53% in daily comparison and amounted to 3,112 dollars.
Among the largest altcoins, XRP increased by 9.12% in the last 24 hours, Solana by 4.37%, and Dogecoin by 12.05%. In the last 7 days, the increase for Dogecoin was 16.47%, and for Cardano it was 12.13%.
Analysts attribute the positive dynamics observed in the market mainly to the increasing interest in altcoins and the increase in trading volumes.