Bitcoin regained its own $1 trillion market cap. The world s largest token by market cap hasn t reached that level since December 2021, and in the last one year, it has gained more than 135%.
Crypto Price: Experts recommendations and opinions are their own. Cryptocurrency market is trading higher with Bitcoin leading. Altcoins may see upside with decreased Bitcoin dominance. Bitcoin breaches resistance and aims for higher levels. Technical analysis shows Buy signals for Bitcoin.
The total volume in DeFi is currently $4.15 billion, 9.67% of the total crypto market 24-hour volume. The volume of all stablecoins is now $39.65 billion, which is 92.29% of the total crypto market 24-hour volume, as per data available on CoinMarketCap.
Major crypto tokens traded higher as the market cap surged. The upcoming Fed policy decision and US unemployment rate data may impact market sentiments. Declining GBTC sales, surging US stock markets, and Google s Bitcoin ETF ad support are positive factors. Bitcoin dominance is at 51.15% with a market cap of $850 billion. BTC volume surged 42% to $22.4 billion. Analysts expect Bitcoin to continue its uptrend towards $45,000.