The global cryptocurrency market experienced a 2.18% increase yesterday, reaching a total value of $2.29 trillion. However, there was significant decrease of 29.28% in the total trading volume of cryptocurrencies within the 24 hours. The price of BTC also rose by 1.01% during this period, with its current trading price at $61953.38.
Throughout the day, BTC reached its lowest point at $60,626.97 and its highest point at $62,466.32. After several days of stagnant trading activity, this rise can be attributed to macroeconomic factors and launch of ETFs (Exchange-Traded Funds), which have gained momentum since receiving a $31 million infl into BTC ETFs on June 25.
Bitcoin’s market dominance has also increased to 53.42%, showing a rise of 0.10% compared to yesterday’s figures.
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