Bitcoin gains over 12% to hit 18-month high
Bitcoin has climbed 12.07% in the past 24 hours, trading at $34,418.56. It is 22.01% higher than last week. Ethereum, the second most popular token, is up 7.27% from yesterday and is currently trading at $1,820.71. It has increased 14.56% compared to last week. They have market capitalizations of $668.9 billion and $218.25 billion, respectively.
How have other prominent cryptocurrencies performed today?
BNB is trading at $231.03, which is 4.15% more than yesterday and 8.20% higher than the previous week. XRP's price today is $0.55 after moving up 3.97% in the last 24 hours. Compared to last week, it is up 10.82%. Cardano and Dogecoin are trading at $0.22 (up 5.73%) and $0.066 (up 7.88%), respectively.
Solana has gone up by 30.37% since last week
Solana, Polka Dot, Shiba Inu, and Polygon are currently trading at $31.45 (up 0.77%), $4.35 (up 7.37%), $0.0000077 (up 4.03%), and $0.66 (up 3.59%), respectively. Looking at the weekly chart, Solana has gained 30.37% while Polka Dot has gained 16.02%. Shiba Inu is up 6% in the last seven days whereas Polygon has gained 21.66%.
Take a look at the top gainers of the day
Mina, Pepe, Conflux, Rocket Pool, and Injective are the top five gainers on a 24-hour basis. They are trading at $0.66 (up 49.66%), $0.0000099 (up 25.85%), $0.11 (up 21.22%), $23.43 (up 17.55%), and $11.17 (up 15.03%), respectively.
How have the popular stablecoins performed today?
A stablecoin is a cryptocurrency with extremely low volatility. Its value is linked to a physical asset such as fiat currency or gold. Some of the popular tokens, Tether, USD Coin, and Binance, are trading at $1 (down 0.02%), $0.99 (flat), and $220.2010 (up 0.09%), respectively.
Check out today's top losers
The biggest losers of the day are Chainlink, KuCoin Token, UNUS SED LEO, USDD, and PAX Gold. They are trading at $10.27 (down 5.84%), $4.60 (down 0.54%), $3.86 (down 0.38%), $0.99 (down 0.32%), and $1,961.24 (down 0.20%), respectively.
These are the leading DeFi tokens today
DeFi, short for decentralized finance, is an umbrella term for global, peer-to-peer financial services on public blockchains. Chainlink, Wrapped Bitcoin, Dai, Avalanche, and Uniswap are among the most popular DeFi tokens. They are trading at $10.26 (down 5.78%), $34,366.67 (up 11.98%), $0.99 (down 0.03%), $10.53 (up 2.70%), and $4.39 (up 1.34%), respectively.
Here are the top 5 NFT tokens for today
Non-fungible tokens (NFTs) are cryptocurrencies that lack the attribute of fungibility, due to which they cannot be exchanged for one another. Some of the popular NFT tokens are Internet Computer, Stacks, Render, Immutable, and The Sandbox. They are currently trading at $3.57 (up 7.38%), $0.77 (up 10.09%), $2.14 (up 5.59%), $0.66 (up 7.43%), and $0.33 (up 5.90%), respectively.
Total cryptocurrency market capitalization
The current global crypto market cap is $1.23 trillion, a 7.42% increase over the last day. The total crypto market volume over the last 24 hours is $69.65 billion, which marks a 72.76% increase. The global crypto market cap was $1.05 trillion last month, while three months ago, the total capitalization stood at $1.2 trillion.
