Today, the crypto market has achieved a new milestone with a high of 3.46 trillion in global market cap, making a 1.66% increase in the last 24 hours, according to CoinMarketCap. The trading volumes also surged to $145.26 billion, showing a 44.69% surge.
Leading the pack, Bitcoin is trading at $110,853 with a market cap of $2.2 trillion and a daily trading volume of $61.7 billion. Nonetheless, the Bitcoin dominance experienced a slight drop of 0.25%, which indicates a little bit of traction for altcoins.
Top Performers and Notable Movers
Among the top gainers is Pudgy Penguins, having gone up by 32.68% to $0.019589, with a trading volume of more than $863 million. Its market cap has now gone beyond $1.23 billion. Meanwhile, Dogwifhat has also managed to rise by 11.52% over the past 24 hours, trading at $0.9677 with a volume of $515 million. Virtual Protocol is among them also, being up by 8% on past day then trading at $1.61
On the downside, Aave slid 2.58% to $293.44, even with high trading volumes of $578 million. Cronos dropped 1.94% to $0.0935, while Sei fell 1.78% to $0.2612.
Meanwhile, Bitcoin ETFs, BlackRock and Fidelity have now amassed $53 billion in ETF assets combined. On top of that, Bitcoin spot ETFs are managing nearly $150 billion, doubling last year’s. This surge can be attributed to institutional advancements and the supportive U.S. crypto policies from the current administration.
