Popular crypto tokens such as BNB, Solana, Dogecoin, Shiba Inu, Chainlink, and Polkadot declined up to 3%, while Cardano, Tron, Uniswap, and Litecoin surged up to 1%.
Bitcoin and Ethereum values dropped as investors awaited the Federal Reserve s interest rate decision. Other major crypto tokens also experienced losses. Binance s former CEO s sentence added to the market s uncertainty.
In the last 24 hours, the m-cap of Bitcoin rose to $1.311 trillion. Bitcoin s dominance is currently 53.27%, according to CoinMarketCap. BTC volume in the last 24 hours fell 3.2% to $24.26 billion.
The global crypto market cap jumped more than 8 per cent to $2.33 trillion. The total crypto market volume over the last 24 hours stood at $198.71 billion, up 110 per cent.
Bitcoin reclaimed the $57,000 level for the first time since late 2021 in today s early trade, supported by investor demand through exchange-traded funds as well as further purchases by MicroStrategy Inc. The digital asset added as much as 4.4% to reach $57,039 before paring some of the jump to trade at $56,473 as of 10:22 am Tuesday in Singapore, Bloomberg reported.