Cryptos Market Cap Rises to $2.11T as Bitcoin Nears $60,000
Bitcoin price uptick has lifted market capitalisation of all cryptocurrencies by more than 1% in the last 26 hours to $2.11 trillion. The gained followed renew buying interest on major crypto after previous selloffs from retail investors.
Currently, the total crypto market volume over the last 24 hours has reached $67.99 billion, which makes a 13.49% increase over the day, according to data from CoinMarketCap.com.
Also, the total volume in DeFi settle at $3.79 billion, accounting for 5.58% of the total crypto market volume in 24-hour. The volume of all stable coins was $62.96 billion, which is 92.61% of the total crypto market 24-hour volume traded in the exchange on Tuesday.
Bitcoin (BTC-USD) has climbed above the $59,600 level at the time of filing this report on MarketForces Africa. The CoinDesk Market Index, which tracks 134 digital assets, was 0.5% higher in the past 24 hours. The Nasdaq 100, S&P 500 and Dow Jones Industrial Average all lost 0.2%
Bitcoin (BTC-USD), the most popular cryptocurrency, gained 1.1% to $59,556 with a 24-hour trading volume of $31.7 billion, up about 24%, according to CoinMarketCap data.
Ethereum (ETH-USD), the second-largest digital asset, added 0.1% to $2,605. BNB (BNB-USD), the third-largest digital asset by market value excluding stablecoins, advanced 3.7%, while Solana (SOL-USD), the fourth-largest, edged up 0.9%.
XRP (XRP-USD) was up 0.1%, Dogecoin (DOGE-USD) rose 3.8% and Cardano (ADA-USD) climbed 3.7%.
The US 10-year Treasury yield closed at 3.818%, down from Monday’s close of 3.865%, while the five-year yield closed at 3.700%, down from 3.757%.
The total market value of the cryptocurrency industry increased 0.9% in the past 24 hours to $2.11 trillion. Trading volume grew about 14% to $67.87 billion. #Cryptos Market Cap Rises to $2.11T as Bitcoin Nears $60,000
