Record high season has dawned on the crypto market. Not only Bitcoin is rising to a new peak.
With the Coinbase listing at a glance, the crypto market unceremoniously ran hot in yesterday’s trading session. Around $ 200 billion has flowed into the market in the last 24 hours alone. Record: At over $ 2.3 trillion, total market capitalization is at a new all-time high. Not to blame for this is the largest cryptocurrency, which has also set a new record. At the time of going to press, the Bitcoin price climbed to $ 64,641 with a weekly plus of 10 percent.
But Bitcoin isn’t the only cryptocurrency that has made a new high. A total of five of the ten largest cryptocurrencies were able to set a new record. Bitcoin is also joined by the second largest crypto asset. Ethereum (ETH) advanced 8.9 percent for the day to $ 2,392. Cardano (ADA) has also set a top value at 1.53 US dollars. Uniswap caught up to $ 37.90, while Dogecoin (DOGE) made it to 10th place with $ 0.13. However, the rank is currently fiercely contested. The market capitalizations of Dogecoin, Stellar (XLM), Chainlink (LINK) and Bitcoin Cash (BCH) are only $ 500 million apart.
Accordingly, the color of hope dominates the overall market visualization of Coin360. The upward trend has hardly left a coin.
Bitcoin futures are buzzing
Derivatives trading has also reached new heights. At $ 27.4 billion, the open interest of Bitcoin futures has set a new record, with Binance accounting for the lion’s share of $ 5.2 billion. The open interest includes all outstanding Bitcoin futures contracts.
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