- Bitcoin and Ethereum surge as daily market gains lift investor optimism.
- Altcoins rally sharply, with XRP and Cardano leading strong recoveries.
- Crypto market shows renewed strength as trading volumes rise significantly.
The cryptocurrency market experienced notable momentum in the past 24 hours, with several leading digital assets posting significant gains. Bitcoin (BTC) rose 4.3% to $111,267, marking a solid rebound that strengthened its dominance in the market.
The coin’s trading volume surpassed $58.3 billion, while its market capitalization reached $2.2 trillion, reflecting growing investor confidence amid broader market optimism.
Ethereum (ETH) followed suit, gaining 5% over the same period to trade at $4,076.89. The coin’s impressive move pushed its market cap to $492.3 billion, supported by a 24-hour trading volume of $35.4 billion.
The rise in Ethereum’s value also boosted related tokens such as Lido Staked Ether (STETH), which recorded a 5% increase to $4,076.72, maintaining parity with ETH’s strong daily performance.
Also Read: XRP Price Weakens as Technical Charts Signal Further Downside
Altcoins Join the Uptrend
BNB advanced 4.7% in 24 hours, climbing to $1,136.35 with a market capitalization of $158.2 billion. The coin’s consistent upward movement underscores sustained investor activity and strong market liquidity. XRP also gained 5.1%, reaching $2.47, and its market value grew to $147.8 billion, benefiting from increased trading sentiment across major exchanges.
Solana (SOL) saw a 4.2% daily increase, pushing its price to $193.72, while Cardano (ADA) surged 7.3% to $0.6741, standing out as one of the top-performing assets in the large-cap category. Dogecoin (DOGE) posted a 6.9% gain within the same period, trading at $0.2022, supported by a trading volume of $2.37 billion.
In the mid-cap range, Enzyme (MLN) rallied 42.1% to $11.62, while BCGame Coin (BC) and STBL soared 50.6% and 47.3%, respectively, reflecting heightened volatility in smaller projects.
The broad 24-hour gains across major and mid-tier cryptocurrencies indicate renewed buying pressure and a potential continuation of the bullish momentum that has recently defined the digital asset market.
Also Read: XRP Community Divided Over Ripple’s Influence on Token’s Future