The Global Crypto Market Cap Reaches 257 Trillion
Market Cap Rises Over 1% in 24 Hours
Top 100 Cryptocurrency Coins by Market Cap
The global cryptocurrency market cap has reached 257 trillion, marking a 1.01% increase over the last 24 hours. This surge follows a period of relative stability in the market, with the market cap hovering around 250 trillion for the past few weeks.
The top 100 cryptocurrency coins by market cap have also seen a collective increase in value, with many coins posting gains of over 2% in the past 24 hours. Bitcoin, the largest cryptocurrency by market cap, has risen by 1.5% in the past 24 hours and is currently trading at around 23,000 USD. Ethereum, the second largest cryptocurrency by market cap, has risen by 2% in the past 24 hours and is currently trading at around 1,600 USD.
The increase in the global crypto market cap is likely due to a combination of factors, including increased institutional adoption, the launch of new cryptocurrency projects, and the growing popularity of decentralized finance (DeFi). As the cryptocurrency market continues to mature, it is expected that the market cap will continue to grow in the coming months and years.
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