The cryptocurrency market has experienced significant growth in the past 48 hours, with a total increase of $30 billion. The market cap currently stands at $1.24 billion, showing a 0.4% increase in the last day. Bitcoin and Ethereum saw notable gains, with BTC soaring by 15.7% and ETH jumping by 10.4%. Cardano also experienced significant growth, with an 11.3% increase.
Global crypto trade volume reached $38.62 billion in the past day, with $24 billion being paired with stablecoins. Bitcoin Cash (BCH) had the most significant weekly gain, rising by 88.2% against the U.S. dollar. Pepe (PEPE) and Aave (AAVE) also saw substantial increases of 64.7% and 47.1% respectively.
Bitcoinsv (BSV), kava (KAVA), and synthetix (SNX) also experienced notable gains. However, six cryptocurrencies suffered losses ranging from 1.2% to 6.8%, including gold-backed assets XAUT and PAXG. Kucoin (KCS), rocketpool (RPL), BNB, and bittorent (BTT) also experienced losses.
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