©Reuters
NEW YORK – The has crossed the $43,000 mark, contributing to the increase in the capitalization of the global cryptocurrency market to $1.61 trillion. The leading digital currency closed trading at nearly $43,106, asserting its market dominance at around 53.5%. This rise is part of a broader rally seen across the crypto landscape.
Ethereum, another major player in the crypto space, also benefited from the bullish sentiment, with its value climbing to around $2,237. Meanwhile, made a significant jump, trading at around $75.72 as investors took note of its performance.
Other cryptocurrencies saw mixed movements, with the and the making modest gains. Litecoin was near $71, while Ripple was trading at $0.6126. Dogecoin also saw a slight increase of almost one percent.
However, not all digital assets have benefited from bullish momentum. The SEI token took the lead with a remarkable rise in value, contrasting sharply with the BONK memecoin which saw a sharp decline of over 11%. INJ and STX joined the list of top gainers of the day, while ICP and LUNC were among those that saw declines.
General market optimism has been partly attributed to initiatives such as Galaxy Digital’s efforts to revive defunct crypto projects, signaling a potential strengthening of investor confidence in the sector.
This article was generated and translated with the help of AI and reviewed by an editor. For more information, see our T&Cs.